Excavating Contractor in Central Virginia. Real Estate Included.

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On Track to Earn $3 Million in 2018. Includes Real Estate!
Asking Price:
$8,200,000

Gross Revenue:
$10,000,000
Cash Flow:
$2,000,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$4,500,000
included in asking price

Real Estate:
$700,000
included in asking price

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Business Description

Light & Raphael is pleased to offer for sale an excavating company in Central Virginia. This organization operates in the Excavation and Grading, Building Construction business / industry within the Construction - Special Trade Contractors sector. Work includes erosion control, clearing, earth work, storm sewers, etc. It is anticipated that the staff will remain with the business after closing. The staff is highly skilled and the foremen average over ten years with the company.

The company does zero advertising. The firm would benefit from the hiring of a sales professional in order to generate new customers and bid on additional contracts.

SBA financing possible for a qualified buyer.

About the Business

Number of Employees:
30
Real Estate:
Owned
Facilities:
Real estate is included in the sale and is worth approximately $700,000.
Market Outlook/
Competition:
Future US construction growth could get an additional boost if, as announced, the new US administration invests heavily in infrastructure improvements.
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About the Sale

Reason For Selling:
Owner wishes to retire.
Training/Support:
Sellers will provide support and training following the sale.

Listing Info

ID:
1414962
Ad Detail Views:
1802

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Business Listed by

Gavin Raphael

Light & Raphael

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U.S. Census Data for Virginia
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Virginia
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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