I found a solid opportunity in the excavation & paving industry.
Well-established, licensed in NV, CA, & CO, and positioned for growth. Let’s break it down 🧵👇 🏗 Business Overview: 🔹 Specializes in excavation, grading, asphalt paving, & public works 🔹 Offers hauling, demolition, & commercial snow removal 🔹 Bonded for public works projects up to $1.3M 🔹 Established reputation in the industry since 2008 📍 Location: Based in Nevada, benefiting from business-friendly tax policies & strategic access to the West Coast. 📊 Financials: 📈 Revenue Growth: - 2018: $2.3M - 2020: $3.5M - 2022: $7.7M - 2024 (projected): $7.1M 💰 Profitability: - 2022: Net loss (-$74K) despite high revenue - 2023-2024: Major turnaround! $749K net income & $1.2M EBITDA 📉 What changed? COGS dropped from $5.3M to $2.1M in 2024. Efficient operations or just a one-time cost shift? Worth investigating. 🔥 Revenue Breakdown: - Residential Excavating (30%) - Commercial Excavating (25%) - Asphalt Paving (15%) - Public Works (15%) - Seal Coating & Striping (10%) - Other: Winter Snow Removal, Emergency Utility Work - 💵 Asking Price: $3.3M ✔️ SBA financing available for qualified buyers ✔️ Seller willing to provide training ✔️ Non-compete included in the deal 🚀 Growth Potential: ✅ Expansion into California’s highway projects ✅ Increased demand for asphalt paving in commercial & residential sectors ✅ Strong brand presence & diversified service offerings ⚠️ Risks & Considerations: - Financial inconsistency—need to verify cost reductions are sustainable - Project-based revenue—are contracts secured for long-term stability? - 28 full-time employees—potential labor & management challenges - This could be a great buy for someone looking to scale a construction business with a strong foothold in Nevada & beyond. Want to see the full deal? Comment "Construction" & send me a DM, and I’ll share the info memo.