Mar 7 • General discussion
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.
0
3 comments
I found a solid opportunity in the excavation & paving industry.
powered by
skool.com/the-acquisitionscom-community-2795
Learn how to make 💰 from business acquisitions
Suggested communities
Powered by