MergerPlace

Site Development Business

Florida


  • Asking Price: $1,800,000
  • Gross Income: $2,874,308
  • Cash Flow: $1,027,300
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $400,000
  • Listing ID: #215695
  • Established: 1992
  • Employees: 16 FT/ 0 PT

Business Description

The company is a very successful Excavation Contractor and State Certified Underground Utility Contractor in one of the hottest real estate markets in the country. The owner holds the License for the business and is willing to stay a year to allow a buyer time to qualify for the License from the State. Being able to install water, storm and sewer allows an excavating contractor to take on subdivision and roadwork in a turnkey manner. There is only limited competition from other excavation contractors as there are only a limited number with Underground Utility capability. Projects include commercial strip malls and complete Subdivisions of several home sites. The company has full turn-key capability and maintains machinery & equipment to facilitate that position.


Business Details

Primary Business Category: Construction - Heavy
Location: Florida

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 16 FT/ 0 PT

Financial Information

Asking Price: $1,800,000
Gross Revenue: $2,874,308
Cash Flow: $1,027,300
FF&E: $400,000
Seller Financing Available: No

Property Information

Facilities:

The Real Estate is a free-standing 2,232 sq. ft. building on 1.40 acres and is available for $525,000.

Growth & expansion opportunities:

The Tampa Bay area is one of the fastest growing real estate markets in the nation with consequential opportunities for significant growth.

Competition:

There is only limited competition from other excavation contractors as there are only a limited number with Underground Utility capability.

Reason for selling:

retirement

Support & Training:

Will train for 4 weeks @ no cost. The Company is a Complete Site Contractor specializing in but not limited to the following: * Land Clearing/ Grading * Hauling and placing Fill Material for grade, building pad or surcharge * Lot Grading and Building Pad Preparation * Installation of Underground Utilities: Water, Sewer & Storm Drainage up to 72 in. diameter pipe and structures * Grading for roadway (public and private) or parking areas. * Placing of Roadway and Parking area base * Prime and Sealing the roadway and or parking areas. Site Contractor / Underground Utility & Excavation Contractor Licenses. The owner is willing to stay a year to allow a buyer time to qualify for the Licenses.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Carole Akers-Harrison

Murphy Business Brokers