Excavation Contractor
General Info
- Type: Business with Property
- Price: $6,350,000
Contact Info
Business Summary
Locally owned and operated excavation contracting company with commercial property and gravel pit license. The business has built a solid reputation providing quality work for both commercial and residential projects. From large scale subdivisions for developers to local municipal projects, this business has the experience and equipment to successfully and safely get the job done.
Business Details
- In business for more 40 years
- Long term client relationships
- High level of repeat business
- $1,200,000 of equipment
- Gravel pit license with approx. 300,000 m3 left to extract
Price
| Business | $4,750,000* |
| Gravel Pit | $1,600,000 |
| Total | $6,350,000 |
*Including normal working capital
Financial Summary
| Year (Aug 31) | Revenue | EBITDA |
| 2017 | $3,750,000 | $720,000 |
| 2018 | $5,690,000 | $1,630,000 |
| 2019 | $5,350,000 | $1,640,000 |
| 2020 | $4,070,000 | $1,200,000** |
| 2021* | $3,490,000 | $690,000** |
*Management prepared financials subject to accountant adjustments
** Excludes CEWS subsidies