Specialty Excavation Co. Since 1969 | $210K SDE | $500K Equipment
Business Description
A specialty excavation company serving Southeast South Dakota since 1969, with $210,293 in owner cash flow, a $500,000 equipment package and enough equipment to run twice as many crews as it does today.
For more than five decades this company has built its name on dependable service, quality work and prompt, friendly customer care. The result is a large, loyal customer base and, according to the seller, the leading share of its local niche. In a trade where contractors are hired on reputation, that position takes generations to earn.
THE NUMBERS
- Asking price: $850,000
- Gross revenue: $373,239
- Cash flow (SDE): $210,293
- EBITDA: $100,615
- Equipment (FF&E): $500,000, included in the asking price
WHAT IS INCLUDED
- An equipment package stated at $500,000, sized to run three crews
- A large, loyal customer base across the Southeast South Dakota region
- A reputation built since 1969
- A team of four (one full-time, three part-time)
- Seller training and support after closing
THE OPPORTUNITY
The company currently runs about 1.5 crews on average, while the equipment on hand supports three. A new owner can add crews and expand into surrounding territory without buying more equipment, and there is room to grow through advertising and marketing.
IDEAL BUYER
- An owner operator from construction, excavation or site work
- An excavation or construction company adding a specialty service or entering the Sioux Falls market
- A buyer who wants hard assets behind the purchase, with equipment representing a large share of the price
This is a confidential sale. To receive the full business profile, including the equipment list with make, model and condition, request information below. A non-disclosure agreement is required before the business name and financial details are released.
For more than five decades this company has built its name on dependable service, quality work and prompt, friendly customer care. The result is a large, loyal customer base and, according to the seller, the leading share of its local niche. In a trade where contractors are hired on reputation, that position takes generations to earn.
THE NUMBERS
- Asking price: $850,000
- Gross revenue: $373,239
- Cash flow (SDE): $210,293
- EBITDA: $100,615
- Equipment (FF&E): $500,000, included in the asking price
WHAT IS INCLUDED
- An equipment package stated at $500,000, sized to run three crews
- A large, loyal customer base across the Southeast South Dakota region
- A reputation built since 1969
- A team of four (one full-time, three part-time)
- Seller training and support after closing
THE OPPORTUNITY
The company currently runs about 1.5 crews on average, while the equipment on hand supports three. A new owner can add crews and expand into surrounding territory without buying more equipment, and there is room to grow through advertising and marketing.
IDEAL BUYER
- An owner operator from construction, excavation or site work
- An excavation or construction company adding a specialty service or entering the Sioux Falls market
- A buyer who wants hard assets behind the purchase, with equipment representing a large share of the price
This is a confidential sale. To receive the full business profile, including the equipment list with make, model and condition, request information below. A non-disclosure agreement is required before the business name and financial details are released.
About the Business
- Years in Operation
- 57
- Employees
- 4 (1 Full-time, 3 Part-time)
- Currently Relocatable
- Yes
- Facilities & Assets
- The equipment package, stated at $500,000 and included in the asking price, is sized to run three crews; the company currently runs about 1.5 on average, so a new owner has capacity to grow without major equipment purchases. The business operates from a shop it rents on the seller's property. That shop is available on a short-term lease to support the transition, but not long term, so a buyer should plan for their own shop or yard. Full equipment list provided under NDA.
- Market Outlook / Competition
- The company has served Southeast South Dakota since 1969 and, according to the seller, holds the leading share of its local niche. Other companies compete in the area, but this business wins on long-standing relationships, dependability and quality of work. Increased advertising and marketing is an open lever for growth.
- Opportunities for Growth
- The clearest path to growth is capacity that is already paid for. The equipment supports three crews while the company runs about 1.5 on average, so adding crews can grow revenue without new equipment purchases. A new owner can also expand into surrounding territory, build on the strong local client base and step up advertising and marketing.
About the Sale
- Seller Motivation
- Owners retiring. Seller will train and support the new owner.
- Transition Support
- The seller will help train and assist the new owner after closing, sharing the customer relationships and operating knowledge built over decades so the business keeps running smoothly through the transition.
Listing Info
- ID
- 2487855
- Listing Views
- 708
Listing ID: 2487855 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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