MergerPlace

A Southeastern Directional Boring for Pr

Florida (Miami-Dade)


  • Asking Price: $3,900,000
  • Gross Income: $3,500,000
  • Cash Flow: $1,018,500
  • Real Estate: Not Disclosed
  • Inventory: $200,000
  • FF&E: $1,235,000
  • Listing ID: #222585
  • Established: 2016
  • Employees: 16

Business Description

A Horizontal Directional Boring and General Contracting company with offices in Florida and Georgia, that offers installation services for power, water, sewer, gas, and traffic signalization throughout the Southeastern United States. Seller's are seeking a financially capable purchaser with industry experience to take this operation to the next level, as such they may also entertain staying-on as a minority partner. Small corporate office in Miami and a storage yard in Georgia. There is a healthy balance sheet, including WiP and pipeline (A/R and debt not included). SBA lender pre-qualified but buyer needs liquidity and experience. Seller may entertain financing a cash buyer with at lest $2MM cash down. Should qualify for most immigration visa's. Please refer to listing 0101266981, business broker Thomas Milana 5617026867 when you inquiry about this listing.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 16

Financial Information

Asking Price: $3,900,000
Gross Revenue: $3,500,000
Cash Flow: $1,018,500
FF&E: $1,235,000
Inventory: $200,000
Seller Financing Available: Yes

Property Information

Facilities:

Type of Location Office Facilities Small office in Florida, yard usage in Georgia, MtM lease Monthly Rent $500.00 Square Units (Foot, Meter) 1,000 Lease Expiration Date December 31, 2020, 12:00:00 AM

Competition:

Miles Seller Not to Compete Within 900 Number of Years Seller Not to Compete For 2

Reason for selling:

Lack for further expansion/Other interest

Support & Training:

For 4 weeks at no cost Other Financing Amount $3,438,700.00 Other Financing Interest 5.5% Other Financing Term Months 120

Contact Business Seller

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Business Listed By:

Thomas Milana

Transworld Business Brokers of Central Florida