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Excavating and Demolition Business For Sale for $3.85 Million. Price Includes $3.4 Million of Equipment and $895k of Owner’s Cash Flow. 2022 is on Track to be a Record Year! SBA Bank Financing Available.

Serving the Twin Cities metro area for the past 4 decades, this excavation contractor has a broad range of services that include excavation, demolition, and site demolition. It has built a great reputation due to its exceptional service and highly skilled team. This business features:
• Long term client relationships with a wide variety of customers.
• A well trained and highly dedicated union labor force (union labor is a requirement for many projects)
• Newer and well maintained equipment with an estimated fair market value $3.4 Million is included in the sale price.
• Approximately $1.1 Million of Working Capital is also included in the sale price.
• Sales of over $7 Million and SDE of $895k in 2021.
• Sales of over $9.2 Million and SDE of $1.3 Million in 2022 TTM thru April.
• SBA Bank financing is available to a qualified buyer with $395k down and monthly payments of $35k/month.


Listing ID:
3-2526
Industry:
Construction
Location:
Minnesota
Revenue:
$7,013,548
Business Price:
$3,850,000
Down Payment:
$395,400
EBITDA:
$770,902
SDE (Cash Flow):
$895,902
Listing Agent:
Randy Krivo
FF & E:
$3,400,000
Employees (Full-Time):
12
Reason for selling:
Retirement
SBA Financing Available:
Yes
Earnest money depositLimit for deposit is $50,000

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