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Businesses For Sale > Business For Sale in Kentucky (KY)
Land Clearing, Excavation, & Tree Removal Company
Kentucky (KY)
| Asking Price: |
Gross: |
Cash Flow: |
| $4,300,000 |
$3,500,000 |
$950,000 |
Furniture and Fixtures Value:
$260,000 (included in the asking price)
Business Summary:
This successful twenty year old company has established a great name recognition and solid goodwill in the communities that it serves via land clearing, site demolition and tree removal and trimming. Approximately 90-95% of the revenues are commercial related with the remainder being residential. The business has recently been appraised by an independent third party appraiser.
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| Year
Business was Established: 1987 |
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| Number of Employees:
22 |
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| Facilities / Terms of Lease:
The company occupies approximately 1.8 acres and various storage and office buildings. The real estate is owned outside of the company and is not included in the sales price. The real estate could be leased from the owner. Terms are negotiable based on other terms of the acquisition.
Physical equipment, which includes heavy industrial equipment, has a value of $2,345,000. Capital expenditures in the industry are high as it requires the use of heavy equipment and machinery. Earthmoving, excavation and land clearing services comprise over half of the revenue generated in the industry. Because the company performs land clearing and tree removal for new subdivisions, new highways and railroad tracks, they are a prime contributor to economic growth. The company has a steady customer base with minimal advertising. |
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| Potential
Growth/Expansion:
Over the past 20 years, the company has grown and increased goodwill by fostering relationships supported by honest, hard work, and customer satisfaction, as well as adding new lines of work and using the proper equipment for safety and quality. |
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| Competition:
Competition is local privately-held and smaller companies. Marketing and reputation will set this company apart from the rest. |
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| Owner
willing to train:
Yes |
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| Reason for selling:
Seller wants to free up his and his wife's time to spend with the small children and would like to be removed from the administrative and ownership tasks. Wife has smaller business that she would maintain. |
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Seller Reference Number: bm221968041
BusinessMart.com Listing Number: 33250 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Brian Mazar, CBI, MBA
Fortune Business Transfers & Acquisitions
502-244-0480
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