This rapidly growing trucking, construction and excavation business hauls sand & gravel, aggregates, rocks and other products for large construction contractors. They also do landscaping, civil, dirt work and underground construction. Aggregate material is transferred to its final destination using a telebelt system, which saves on time and manpower. The business stays busy all year long. Employees understand how to manage clients and work is done professionally and finished on time/budget.
Facilities
Trucks and construction equipment are stored at the seller’s facility north of Denver. That facility can be leased, or the equipment could be stored anywhere else within reasonable vicinity.
Financials
Asking Price: $3,000,000
Included in the Asking Price: Trucks and equipment worth $2,000,000
Current Year Revenue: $5,200,000
Current Year Cash Flow: $850,000
Market Outlook
Competition: There are a couple similar sized businesses operating in the region. These companies don’t offer significant competition as they do not match the variety of in house services offered and quality of workmanship.
Growth and Expansion: The outlook for this simple business’s services is bright. Given the ever-larger projects coming and the steady growth of Colorado’s population, the company is postured to drive increasing revenue and cash flows well into the future. The business’s existing clients have been requesting the company quote work they need in surrounding western states.
About the Sale
The owner plans to relocate out of state but is willing to work with the new owner for 6-12 months if needed.
