20+ Yr Old Excavating & Paving Company Close to Indianapolis 1.7M Net - Business for Sale

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Excavating and Paving Company Near Indianapolis

IN, US
Added 5 months ago
Building & Construction, Transportation, Wholesale & Distribution
22 years in business
Retiring Owner

Excavating and paving company serving residential, commercial, and government clients within an 80-mile radius of Lawrence, IN.

Key Information

Asking

$7.5M

Revenue

Earnings

$1.7M

Multiple

4.5x

Key Highlights

  • 2025 gross sales: $12,636,052
  • $3,500,000 in assets included with the sale
  • 21 years in business
  • 42 W-2 employees
  • 60% of jobs are new construction
  • Service area covers an 80-mile radius
  • Over $4,000,000 in backlog for buyer
  • Around $500,000 in annual Capex
  • No special licenses required except septic license and municipality certifications
  • Seller is seeking to semi-retire and pursue another venture

Contact Info

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