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Excavation and Demolition Business in Northern California

Off-Market

Morgan Hill, CA

Excavation & Demolition Business In Northern California

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Revenue

$20,000,000

Earnings (SDE)

$10,000,000

Margin

50.0%

Year Established

1993

Listed

30+ Days

Customers

50% - Commercial, 50% - Public Works, State, & Federal

Customer Acquisition

Word of mouth

Team

Few dozen operators, mechanic, dispatcher.

Owner's Role

Full-time – managing crews, dispatcher, and team.

Reason for Selling

Family business and looking to retire. Children have no interest in taking over the business.

Contracts

Yes

Real Estate

Owns $4M worth of equipment, including semis and excavators. Also owns a 6,000-square-foot shop attached to the office that could be acquired or rented.

When Are You Looking to Sell

12-24 months

Licenses Required

Yes - A and HAZ licenses.

Additional Notes

Profit is an estimated figure. The business's primary focus used to be on large-scale demolition, excavation, and dewatering projects, but in 2018, they shifted to more public works projects like creek restoration and work for cities and municipalities. The business has a strong reputation in the industry, with many repeat customers who simply call and ask to do work without a formal bidding process.

Business ID: 1253

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