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Commercial, Industrial, Municipal Contractor in Florida! (37954)


Accepting Offers. Sales doubles and profits tripled over the last 3 years! Located near the Fort Meyers-Naples region of Florida, this specialty contractor provides civil site work and development, excavation, underground utility services, paving and repair, and related services for commercial, industrial, and municipal projects. Also experienced in new construction, the business has significant experience partnering with general builders on street improvements and bridge repairs. Other revenue streams come from projects for Multi Family Developments, shopping centers, schools, churches & gas stations. The personnel are skilled in various preparation practices that mitigate many environmental risks, from land clearing, earth moving, tree and underbrush removal, to excavations of retention ponds, grading, Utility installation and Asphalt paving. The 53 nonunion employees include management in place that would continue streamlined operations. The current ownership is involved by choice more than demand and is available for a smooth transition period up to two years for client acclimation. As they offer high volume hauling, their reputation for being the best in the area continues to grow. Revenues in 2023 were $20,549,792 in Sales with $3,476,039 Discretionary Earnings a significant rise over 2022’s sales of $12,534,400 with $2,154,577 SDE. A leased workspace features office and shop space totaling 3,700 SF with another 108,900 sq. ft. of land. Real Estate holds a monthly tenancy of $3,000 or at $24K per year renewable after 2027. With recently purchased excavators and dozers, the equipment remains current as the business grows to the next level via marketing effort made up of a website, presence on social media, and referrals from repeat clientele. An opportunity like this won’t be on the table for long so contact IAG today for more information.



Listed By: Paula Kruger

Background information

Seller Number:

37954

Year established:

2003

Reason selling:

Invested in other ventures.

Finance

Sales:

$20,549,792

Profits:

$2,154,577

Profit type:

Discretionary Earnings

Operations

Employees:

53 nonunion.

Equipment:

$4,000,000

Inventory:

$50,000

Premises

Facility:

Business can be run Owner-Absentee!

Square footage:

3,700+/- & 109K-sq.ft. of Land.

Rent and lease terms:

Holds a tenancy of $3,000 per month or $24K each year, renewable after 2027.

Opportunities

Market:

Website, Social Media, and Referral Sources.

Price and terms

Financing:

Standard SBA-term financing will be negotiable for qualified buyers.

Owner Transition:

Management is in place to continue streamlined operations after a smooth acclimation period up to 2 years.