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Asking Price$4,250,000
Revenue$10,200,000 Established1998
Cash Flow$1,646,000 Employees68 full-time
FF&E$800,000* FranchiseNo
Inventory$40,000* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This established, profitable, excavation services business has a long history in the Nashville area.  Projects include new residential construction, new commercial construction, and site development work.  The business has a large customer base and a solid reputation in this sector.  This business is very consistent, with a lengthy history.  The business is on pace for $10.2 million in revenue and $1.646 million in Seller’s Discretionary Earnings (SDE), respectively in 2022.  The business and its brand could be scaled to different parts of Tennessee on a relatively inexpensive basis.  The owners have also successfully built the team around the business, allowing the next owner to focus on strategy.  The owners generally each work 40 hours/week.
Facilities:The business owns its facility. It is a standalone building in an industrial area. The business could also be relocated to a different spot in Greater Nashville without much difficulty.
Competition:While there are others in the excavation services industry, this business has a lengthy history of satisfied customers, quality projects, and an outstanding reputation. The business occupies a strategic niche in the residential market segment.
Growth Potential:The current owners believe revenues could significantly increase in the next several years, if they were to pursue certain strategic avenues. Since the owners wants to retire, this presents an opportunity for the next owner. The current owners have a solid support staff.
Training/Support:The owners will provide training as needed to the buyer.
Seller Financing:The owner will consider some financing for a well-qualified buyer.
Sale Reason:The company has grown beyond what the owners can effectively maintain.
Ad #141217
Seller Reference #EXCTN
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Wes McDonough
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