Site Preparation Business for Sale

Listing #: 90407081

Asking Price: $3,700,000

Owner Benefit: $3,360,079

Sold
Florida

This is a SW FLORIDA preferred SITE WORK company currently focused on residential projects for one of the United States largest homebuilders. Grading, excavation, culverts and moderate clearing as needed. This company has years of work ahead of it with abundant expansion opportunity if desired. Financial recast for 2021 of $3.36MM is annualized thru 8.5 months, adjusted EBITDA and takes into account a new hire / additional operations manager to replace exiting owner, providing a real possibility for a ≤ 12 month ROI. Company is currently debt free, asset FMV modestly estimated at $950,000. Seller will offer ample period to transition business and relationships. Real estate available at $800,000.