* Included in Asking Price
The Grading and Hauling business has expanded over two decades and is a very profitable business through, residential site grading, erosion control, waterproofing foundations and local trucking. The owners' experience that has helped them to be successful includes experience in the insurance industry, mortgage firm, customer service representative, human resources, security firm and owner and operator of a retail business.
The business started out with only one truck and steadily worked it's way into the residential building industry. The company operated as an independent trucking company and continued to purchase dump trucks as their volume increased until 2000, at this time the scope of the work was extended to include grading and landscaping. Combined with continued loyalty, trust, support and patience from their patrons and builders through the years the company has made its mark in the local industry as a strong and growing business. The owner's together with their employee's continued hard work, loyalty and dedication the business continues to successfully grow and expand in commercial and residential contracting and grading expertise.
Company Certificates include Grading & Excavating licenses, OSHA, MSHA and Highway license
Detailed Equipment List is available. The current market value is $1,470,000
Real Estate: The real estate is not included in asking price of the business but is available for purchase The sellers will lease the property. The monthly rent would need to be discussed..The specific details on the real estate are available. It includes 7.11 acres, remolded 2,400 sq. ft. house and a 11,250 sq. ft. storage building.
Financials: Financial spreadsheet is available for 2012, 2013, 2014 and 2015. Income Taxes will be available after an offer to purchase has been made with any other information requested for Due Diligence.
Required Licenses: Business
|Competition:||There are not a lot of residential grading companies in the area that offer all the services that are offered by this business which has made it very easy to gain contracts without the need of advertising.|
|Growth Potential:||The business can continue to expand by:
â€¢ Training an estimator to bid more local upcoming subdivisions in the area. Pull future plans for upcoming projects with local ownership.
â€¢ Retain and train the newer operators to be more efficient so that they can accomplish more in a short time. Have the more experienced operators teach and mentor the newer operators.
â€¢ Start Advertising by building a new website with current information. Keep company Facebook updated. Wrap the dump trucks and the pickups to stand out and present a more professional look with contact information listed. Advertising with wraps will make the public more aware of the businesses services and could draw well qualified employees.
â€¢ Purchase 3 dump trucks. Hauling stone is extremely profitable and 3 trucks would conservatively increase revenues by $300,000 per truck.
â€¢ Pickup 5 more successful custom builders, each account can be $350,000/annually. The custom builders are also much more profitable.
â€¢ Work on getting the Wynn Builderâ€™s local subdivisions there are 3 in the Youngsville area (all new) projected income of $500,000 plus. Work on getting Aston Woodsâ€™s stone this would easily be a $100,000 plus account.
â€¢ Continue to bid all upcoming subdivisions with their current builders which one has 10 new starts this year and one of their builders were acquired by a larger builder so the account could double when the bid is submitted.|
|Training/Support:||The owners will work a transition period of 30 days and if more time is required a management contract can be agreed upon for their compensation.|
|Seller Financing:||Bank Financing Available for a qualified buyer|
|Sale Reason:||Owners want to pursue their other investments.|
Seller Reference #RALEINC001-N657
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