Listing ID: 81368
This company has earned the reputation as one of Nevada’s leading excavating & paving contractors. They are a proud team of employees who are among the finest in the industry. When it comes to excavating or grading, underground utility installation or repairs, this company is a leader in its field. Underground utility installation and repairs is one of their specialties. By staying ahead of technology and continually educating their employees, they provide their clients with the safest and most cost-effective site work development team to handle any project.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button to learn more about this opportunity.
The above referenced numbers and figures are per the Seller and Broker has not verified. Buyer to complete their own investigation of any available books and records during Buyer’s Due Diligence period and prior to opening escrow.
- Asking Price: $2,500,000
- Cash Flow: $636,274
- Gross Revenue: $5,128,175
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2009
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:6,300
- Lot Size:N/A
- Total Number of Employees:40
- Furniture, Fixtures and Equipment:N/A
Office/Light industrial building on 2.5 acres
Seller will provide training at no cost to buyer.
The business was started in 2009, making the business 13 years old.
The company has 40 employees and resides in a building with approx. square footage of 6,300 sq ft.
The property is leased by the company for $4,725 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell companies. Nevertheless, the genuine factor and the one they tell you may be 2 completely different things. As an example, they might state "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be reasons to attempt to hide the reality of altering demographics, increased competitors, current decrease in incomes, or a range of various other reasons. This is why it is very essential that you not rely absolutely on a vendor's word, yet rather, utilize the vendor's response along with your general due diligence. This will paint a much more sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of operating businesses take out loans in order to cover things like supplies, payroll, accounts payable, etc. Remember that sometimes this can mean that profit margins are too tight. Lots of companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be met or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new consumers? Often times, companies have repeat clients, which create the core of their daily earnings. Particular aspects such as brand-new competition growing up around the area, roadway building and construction, and personnel turn over can influence repeat clients and negatively influence future revenues. One vital point to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business often, the better the chance to construct a returning client base. A final thought is the basic area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood mean house income effect future income prospects?