Business Listing

West Michigan Excavation Company - UNDER LOI

Capstone Business Brokerage is pleased to bring to market a high-performing excavation company based here in West Michigan. A family business with roots of existence from seeds planted in the early 80’s, this company is prepared to continue its growth in the hands of new ownership.

With a stellar reputation and broad customer base, this business began as a niche excavator and has been developed into a more full-service excavation contractor through recent years. Serving both residential and commercial clients, one-off and municipal work, the variety within the workflow allows the business to pivot from one profit center to another. Equipped with a modern and well-maintained fleet of excavation equipment as well as a highly-trained and experienced staff, efficiency and productivity are evident throughout the organization.
For sale is a complete turn-key business operation which includes a shop and large lot with security, excavation equipment, tools, inventory, website, customer list, name and goodwill.
This business is SBA eligible for well-qualified buyers.

EQUIPMENT DETAIL: The company owns a variety of excavation equipment, including loaders, excavators, mini excavators, track loaders, dump trucks, trailers, and a variety of other vehicles and equipment – all recently appraised for approximately $1.1mm.

FACILITIES / RE DETAILS: The company owns and operates out of a 3,500 SF facility with a large secured lot in West Michigan.

SUPPORT/TRAINING: Current ownership is willing and able to support a successful transition and can be flexible to train new owners as needed.

REASON FOR SELLING: The owner is planning to focus on other businesses within his portfolio.
Industry
Building and Const. Services
Segment
Excavation
Asking Price
$2,100,000.00
Ref ID
Established
0
# of Employees
5
Full Time Employees
5
Part Time Employees
0
Gross Revenue
$1,987,940.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
$411,555.00
Other Value
$0.00
FF&E
$1,100,000.00
AP/AR
$0.00
Real Estate in Asking
Yes
Inventory in Asking
Yes
Inventory
Equipment
Recently appraised for 1.1MM
Real Estate
New 3,500SF shop located near major highways
Facilities
Broker/Seller

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