Commercial Excavating Company
Business Description
Commercial excavating company specializing in site underground utility preparation/installation for local and state governments; tract preparation for large home builders; and site preparation for large commercial building projects.
About the Business
- Years in Operation
- 57
- Number of Employees
- 28
- Facilities & Assets
- Facilities are all leased and there are no specialized facilities. Company has a full suite of excavating equipment with purchase price of $8.6 million, depreciated value of $4.2 million, and an estimated current market value of $4.4 million.
- Market Outlook / Competition
- Numerous companies in local and regional area compete for contracts.
- Opportunities for Growth
- There are ample opportunities to grow in both the local and regional markets with the limitation being finding sufficient skilled equipment operators to take on more contracts.
About the Sale
- Seller Motivation
- Owner wants to retire
- Transition Support
- Some training of new equipment operators by existing staff, as hiring experienced operators has proven very difficult to do.
Listing Info
- ID
- 2290314
- Listing Views
- 1117
Listing ID: 2290314 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. See our full Terms of Use. Learn how to avoid scams.
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