Civil Excavating Contractor...$4,299,000

Alberta

**This image may not be a representation of the actual Business or Property for sale**
Business Type Construction
Price $4,299,000
Real Estate Included Yes
Real Estate Value $1800000
Revenue $1,780,000
Cash Flow $450,000
Years in Business 13
Is Inventory Included No
Inventory 1500000
Type of Sale Share

Business Description

Profitable and recession proof civil excavation company with outstanding reputation and safety record, specializing in completing work in high hazard areas.

The company's primary work is power substation construction including concrete foundations, screw piles, duct banks and power trenching as well as supplying all granular materials.

This company also services powerline works such as remediation and reclamation in very critical locations all across Alberta. They construct gravel pads prepare parking pads and do demolition of all types including concrete.

The winter season consists of sanding and snowplowing/removal and some civil works including horde and heat for ground thaw. This company has a great customer base with recurring work. Vehicles and equipment are very well maintained and always dealer serviced.

Key staff are well trained and capable of handling majority of day to day operations with little oversight. Seller willing to train buyer.

Facilities

Great location with easy access to main transportation routes, good sized concreted yard and parking lot with plenty of heated and dry storage and well maintained office and shop areas.

Growth/Expansion

Company is well positioned for growth and expansion, this business previously performed annual revenues of over 8 million using same facilities and management. Owners chose to scale back and focus on existing clientele and have not done any advertising or marketing for a number of years. They have the workforce, experience and equipment to take on more work. There is an excellent opportunity to increase their revenues with their current customers.