MergerPlace

Septic & Excavating - Sioux Falls Area

South Dakota (Minnehaha)


  • Asking Price: $989,000
  • Gross Income: $797,999
  • Cash Flow: $390,143
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $700,000
  • Listing ID: #207015
  • Established: 1955
  • Employees: 1 FT/ 2 PT

Business Description

Excellent opportunity to own an established, profitable construction company in a growing city. This business has been around for decades serving customers in and around Sioux Falls. The bread and butter of this business is installing septic systems. They also have several other revenue streams including: site prep, trenching and basements. This company has contracts with cities and townships for year-round road maintenance & snowplowing and water, sewer, & culvert installation, maintenance & repair.


Business Details

Primary Business Category: Construction - Heavy
Location: South Dakota
County: Minnehaha

Company Information

Year Established: 1955
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/ 2 PT

Financial Information

Asking Price: $989,000
Gross Revenue: $797,999
Cash Flow: $390,143
FF&E: $700,000
Seller Financing Available: Yes

Property Information

Facilities:

A 1.5 acre lot with a new 6,000 sq. ft. Morton building with 400 sq. ft. of heated office space is available for purchase or rent.

Growth & expansion opportunities:

Existing equipment could be used for residential and commercial plumbing and drain cleanup. Plumbing inside homes and businesses could be another area of growth. Basement digging and dirt-work site-prep could be grown. Also, municipal cable and trenching could be added to the list of services.

Competition:

There is competition both direct and indirect, however over the last half-century the business has built a large customer base and is recognized for its quality work.

Reason for selling:

Owner would like to pursue other opportunities.

Support & Training:

Will train for 4 weeks @ no cost. This company specializes in septic system installation, trenching, basement & site prep, dirt-work, culverts, ditches, waterways, road grading & snowplowing, water & sewer installation & repair and excavation. A South Dakota Sewer & Water Contractor License is required as well as a Certificate of Competency for Septic System installation.

Contact Business Seller

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Business Listed By:

Josh Grode Wolters

Murphy Business Brokers