Excavating Contractors
Location: Illinois > Cook County > Chicago
Industry: Building and Const. Services > Construction Sub-Contractors
Financials
Gross Revenue: $2,248,064
Cash Flow: $287,339
FF&E: $350,000 (Included in Asking Price)
Business Summary
This company provides a variety of services related to excavation work, while able to function like a general contractor its full line capabilities include construction management and site development while specializing in excavation and underground utility installations.
The company performs both earthwork and sewer installations while their competitors only focus on one or the other. This factor provides the company with an extra competitive edge.
Serving primarily commercial and industrial clients the company has also established a strong presence in the public sector working for municipalities and school districts.
Building on early aggressive growth, the owner has been satisfied to focus on exiting customers for a number of years. There have been no marketing efforts, and the field staff has been kept fairly small. Nevertheless, a solid reputation for expertise, dependability, full service and fairness has insured a steady stream of repeat business, new client referrals, and continued profitability.
Since the company is a certified minority business, a portion of their work is obtained at a higher than average profit margin. The company has experienced explosive growth over the past 3 years with projected sales for 2006 to top $4 million.
The company performs both earthwork and sewer installations while their competitors only focus on one or the other. This factor provides the company with an extra competitive edge.
Serving primarily commercial and industrial clients the company has also established a strong presence in the public sector working for municipalities and school districts.
Building on early aggressive growth, the owner has been satisfied to focus on exiting customers for a number of years. There have been no marketing efforts, and the field staff has been kept fairly small. Nevertheless, a solid reputation for expertise, dependability, full service and fairness has insured a steady stream of repeat business, new client referrals, and continued profitability.
Since the company is a certified minority business, a portion of their work is obtained at a higher than average profit margin. The company has experienced explosive growth over the past 3 years with projected sales for 2006 to top $4 million.
About the Business
Year Established: 1998
Employees: 9 full time -
Relocatable: Yes
Facilities: 600 Sq. Ft. Front office
12,000 Sq. Ft. off site yard
$912 Monthly - Office/Yard
About the Sale
Management Training and Support: As needed
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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