Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Hydrovac And Excavation Business
LISTING DETAILS
Firms For Sale ID:
28587
Vendor reference:
8022-12-15
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$2,900,000
Furniture, fixtures and fittings included.
Furniture, fixtures and fittings included.
Turnover / revenue:
$1,664,416
Net profit / cashflow:
$872,202
Years established:
2002
Trading hours:
M-F regular business hours plus 24/7 on call
Number of employees:
7
Business website:
OTHER DETAILS
Reason for selling:
The seller wants to venture to other interests and opportunities.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
VR Business Sales Presents: A great opportunity to own a profitable Hydrovac and Excavating business that services the oil and gas industry.
The business has well trained staff, excellent safety record and great reputation in the industry. The company’s main services consist of slot trenching, daylighting and debris or material removal. Additional services such as backhoe excavating, gravel hauling and shoring box rental provide additional revenue and making the company a convenient one stop shop for its clients.
Since its start-up in 2002, the business has grown quickly to its current size of 3 hydrovac excavation units, 8 full time employees and mainly service construction firm specializing in petrochemical site preparation and related construction projects.
The Alberta economic growth is forecasted at 2.8% for 2012 with the energy sector leading the capital investment, this business has great opportunity to continue its growth for a strategic buyer looking to continue the momentum the existing owner has created.