Gross Revenue: $4,521,000
71012-Profess Excavating-Grading Svs Plus Oilfield Work
Located in Northwest Kansas, this professional excavating and grading services business works with contractors, governments, oilfields, farmers, businesses and home owners on their industrial, residential and commercial excavating and grading needs. More specially, they excavate, install pump jacks for oil wells and the motors that run them, haul dirt, sand, gravel and roadway material, land clearing, site development and top soil delivery. The business is dependable and professional and works closely with all their customers to insure a job done right on time and on budget. With strong customer contracts, this is an excellent opportunity for a buyer to come in and secure their future. Throughout the economic downturn of the oilfield industry, the current owner has properly diversified services to keep the bottom line stabilized.
Since 2007 this excavating company offers a new owner an established customer base with 30-50 new customers per year. Most of their clients become a repeat customer, approximately 50% of new customers were referred by another client. They are the dealer for Shore's Pumping Units and by purchasing directly, they have a strong profit margin. Out of their total revenue, 65% comes from oilfield work, 10% for general excavating(basements, pools, pits, etc), 15% from pipeline work and 10% for trucking/hauling. This owner-operated business is managed in a hands on fashion giving the owner full control over the quality of products and customer service provided. Inventory and equipment are included in the sale of the business.
Inventory: Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The lot size of the business is 160 acres. It consists of a shop, storage, sand and gravel pits on 20 acres right in the middle of the service area. The buildings are all new and built in 2012. This property is available for lease from the current owner.
Competition: 95% repeat clientele. Customers choose this business because of their excellent customer service and helpful staff. Throughout their years in business, this company has built a great reputation as well as many loyal customers.
Growth & Expansion: An assertive new owner might consider expanding by purchasing more equipment and trucks to grow and increase profits.
Support & Training: Key employees will stay on after the sale of the business. The owner will be available for a reasonable transitioning period.
Reason for Selling: Other interest.
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