Excavation Company
Indiana-based excavation company with a majority emphasis on government contracts for drainage and small bridge/culvert projects. Experienced field manager and employees. Projects are awarded based on the lowest sealed bid, so this business tends to run lean with limited overhead to maintain profitability. An independent business valuation and equipment appraisal has already been completed through one particular bank and is SBA approved. Substantial equipment assets are included in the price. Equipment is well maintained with great maintenance and updates.
Internal Id
1306
Facilities & Assets
Businesses has a leased shop with office space. All the work is done at the job sites so the shop just provides a base. It has easy on-off access to the Interstate. There are no long term commitments and could be absorbed into another operation easy enough.
Number Of Employees
10
Market & Competition
Many excavators in the business. This one is Pre-Qualified by the State of Indiana. They also have an excellent workman's comp & general insurance rates that would benefit a Buyer to remain competitive.
Reason for Selling
Retirement
Financials
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