Site Prep, Dirt Work, And Underground Utilities For Sale - Business for Sale

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Excavation and Utility Service in Indianapolis, IN

Indianapolis, IN, US
Added 1 month ago
Excavation and Site Preparation Services
Retiring Owner

This business provides excavation services including site preparation, grading, and underground utility installation in Central Indiana, serving a 50-mile radius of Indianapolis.

Key Information

Asking

$11.6M

Revenue

$10.7M

Earnings

$2.6M

Multiple

4.5x

Key Highlights

  • Business has been established for over 15 years in Central Indiana
  • Team consists of 34 employees, including a General Superintendent, four Foremen, CDL drivers, equipment operators, and an Office Manager
  • Acquisition includes over $1,300,000 in working capital and more than $2,500,000 in equipment and hard assets
  • There is $3,400,000 in work-in-progress (WIP) and backlog included
  • Customer base includes municipalities, schools, industrial facilities, commercial developers, and general contractors
  • Seller is offering up to three years of transition support and will carry 25% of the purchase price

Contact Info

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