Hot Listing
Excavation, Underground Utilities, and Site Prep
Business Description
Established in Central Indiana, this offering presents the
opportunity to acquire two highly complementary contracting
companies operating as a turnkey excavation and underground
utility platform. Serving municipalities, schools, industrial
facilities, commercial developers, and general contractors, their
diversified customer base and consistent demand have driven a
sustained four year growth trend. They provide a full range of
services including large-scale site preparation, grading,
underground utility installation, and dump truck hauling, primarily
within an 80-mile radius of Indianapolis. The operation is
supported by a seasoned team of 34 employees, including an
experienced General Superintendent, four Foremen, CDL
drivers, equipment operators, and an Office Manager, providing
an established leadership structure and smooth day-to-day
execution. The seller is preparing for retirement and is committed
to a seamless transition, offering up to three years of support in
addition to carrying 20% of the purchase price. The transaction
includes over $2,000,000 in working capital and more than
$2,500,000 in equipment and hard assets, making this a well
capitalized, asset-rich acquisition with immediate cash flow and
strong regional market presence.
Priced at $8,950,000 the businesses present a rare opportunity
for a strategic buyer or entrepreneurial acquirer to take over a
turnkey, highly reputable operation with established
infrastructure, reliable staff, and significant potential for growth.
This business does not utilize any special designations or use
the union for labor.
opportunity to acquire two highly complementary contracting
companies operating as a turnkey excavation and underground
utility platform. Serving municipalities, schools, industrial
facilities, commercial developers, and general contractors, their
diversified customer base and consistent demand have driven a
sustained four year growth trend. They provide a full range of
services including large-scale site preparation, grading,
underground utility installation, and dump truck hauling, primarily
within an 80-mile radius of Indianapolis. The operation is
supported by a seasoned team of 34 employees, including an
experienced General Superintendent, four Foremen, CDL
drivers, equipment operators, and an Office Manager, providing
an established leadership structure and smooth day-to-day
execution. The seller is preparing for retirement and is committed
to a seamless transition, offering up to three years of support in
addition to carrying 20% of the purchase price. The transaction
includes over $2,000,000 in working capital and more than
$2,500,000 in equipment and hard assets, making this a well
capitalized, asset-rich acquisition with immediate cash flow and
strong regional market presence.
Priced at $8,950,000 the businesses present a rare opportunity
for a strategic buyer or entrepreneurial acquirer to take over a
turnkey, highly reputable operation with established
infrastructure, reliable staff, and significant potential for growth.
This business does not utilize any special designations or use
the union for labor.
About the Business
- Years in Operation
- 15
- Employees
- 34 Full-time
24 in the Earth Work Division including an Office Manager, General Superintende - Currently Home Based
- Yes
- Facilities & Assets
- Vehicles & Equipment: $2,659,500
Working Capital: $2,076,037
WIP & Backlog: $4,326,084 - Opportunities for Growth
- Add ancillary services such as
asphalt
About the Sale
- Seller Motivation
- Retirement planning
- Transition Support
- 1-3 years
- Financing Options
- 20% Seller Financing or Equity Roll
Listing Info
- ID
- 2493232
- Listing Views
- 195
Attached DocumentsAttachment Disclaimer
Listing ID: 2493232 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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