Sold
Michigan

Highly Profitable Excavation Company – Michigan

Equipment Value: $10,602,800

Business Details

Location: Michigan

Number of Employees: 75

Facilities and Assets: The Company operates out of facilities totaling 13,249 square feet. This square footage represents the total enclosed space between four individual buildings located across the Company’s premises. One building houses the Company’s office and meeting space, while one is dedicated for shipping and receiving purposes, another is dedicated to equipment maintenance, and the final is used for equipment, tools, and inventory storage. The Company operates an on-site crushing yard where the Company can produce its own MDOT-certified crushed concrete and recycled asphalt. The Company’s premises are owned within the same entity as the Business.

Support and Training: Ownership is willing to provide reasonable and customary assistance during the transition period. Current ownership is open to remaining employed by the Company for a period of time post-sale of the Business. A replacement for one of the two owners has already been identified.

Reason for Selling: Ownership would like to pursue retirement.

Financing Notes: Limited Seller-Financing Available for Qualified Buyers.

Revenue:

$22,718,926

Cash Flow:

$3,980,970

:

$750,000

Investment Highlights

  1. Ability to Produce MDOT-Certified Aggregates
  2. Long-Standing Industry Relationships
  3. Hydro-Vac Excavation Capabilities
  4. Substantial Equipment and Machinery Base

Growth Opportunities

  1. Increased Infrastructure Funding
  2. Development of EV Charging Networks
  3. Expansion of Wind Energy Infrastructure

I'M INTERESTED





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