MergerPlace

Leading Heavy Construction Business

South Dakota


  • Asking Price: $7,000,000
  • Gross Income: $11,372,105
  • Cash Flow: $1,323,279
  • Real Estate: $1,000,000
  • Inventory: Not Disclosed
  • FF&E: $4,000,000
  • Listing ID: #201552
  • Established: 1971
  • Employees: 50 FT

Business Description

The business has been in operation for over four decades and the owner is looking to retire. Specializing in the field of excavation and site development, this firm has become an industry leader and staple in the community. Currently, the business maintains approximately 50 employees year round, with total employees almost doubling during the busy season. The business has highly trained, skilled employees and operators, all of which are expected to continue with the business after transfer.


Business Details

Primary Business Category: Contractors - Special Trade
Location: South Dakota

Company Information

Year Established: 1971
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 50 FT

Financial Information

Asking Price: $7,000,000
Gross Revenue: $11,372,105
Cash Flow: $1,323,279
FF&E: $4,000,000
Real Estate: $1,000,000
Seller Financing Available: No

Property Information

Facilities:

Business has two locations. An office space and a shop/equipment storage facility. The Shop/Storage is included in the transaction and the Office is available for sale or lease. Both facilities are in good condition, well located and provides ample space for operation and expansion of the business.

Growth & expansion opportunities:

Excellent potential for growth through aggressive marketing of existing bid/project sources, strategic expansion of service territory, and/or addition of ancillary services within the scope of current work performed.

Competition:

Local and regional competition exists, but this firm has been in operation for over four decades and has built a solid customer base and reputation by providing quality workmanship, completing projects on-time and being a good steward in the community.

Reason for selling:

Owner looking to retire.

Support & Training:

Will train for 8 weeks @ no cost. Because of the nature of the industry, there are special licenses and skills needed for the various employees and parts of the business. Being a turn-key opportunity, current employees currently hold needed licenses and skills and all employees are expected to continue with the business after transition.

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Business Listed By:

Rey Gonzales

Murphy Business Brokers