Excavating/hauling business for sale
Litchfield, IL
| Asking Price: | $1,350,000 |
| Gross Revenue: | $650,000 |
| Real Estate: | $300,000 |
| Cash Flow: | $150,000 |
| FF&E: | $700,000 |
| Established Year: | 1978 |
Listing ID: 2250245Listing provided by BizBuySell
BUSINESS DESCRIPTION
Excavating and hauling business for sale in central Illinois near interstate 55, Litchfield, IL. Established in 1978 with a solid reputation for doing quality residential and light commercial work. Very little competition within a 50-mile radius. Extensive list of equipment, much of which is new and all very well maintained. Includes a well-equipped shop, storage buildings enough to house virtually all equipment under roof, land for material storage (rock, dirt, sand, etc.), and a 3 bedroom ranch residence. Perfect for someone with some excavating experience willing to work in a rewarding business. Owner is willing to help new owner get established.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Litchfield, IL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Excavating and hauling equipment valued at $700,000 and real estate valued at $300,000. Main shop is steel building, insulated, heated, with enclosed office. Two more buildings that house trucks, trailers, and many items related to excavating business. Rock parking lot with fuel storage tanks. Salt storage for winter business. Ranch style residence with two car garage. Approximately 4 acres of land.
Competition
There is really very little competition in the immediate area and within 50 miles. Competitors are either much smaller or much larger.
Growth & Expansion
The owner mostly works alone but has some part time help when needed. Hiring an employee might enable the business to do some expansion if desired.
Support & Training
Owner is willing to work with buyer to get established in the area and learn the business.
Reason for Selling
Owner has reached retirement age and is ready to slow down.
Home-Based
This business is Home-Based
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