Issue link: http://deals.uberflip.com/i/1536938
Excavating & Hauling Company w/ $2.5M in Equipment - Located in the Southeastern US Region #68241 Sign NDA ► 2024 Revenue Est. $3,200,000 (8.5% Growth) 2024 EBITDA Est. $547,000 (17.1% of Sales) DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Lance Thomasson Vice President - M&A Email: LThomasson@generational.com Mobile: (469) 828-2792 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Company specializes in excavation and hauling services for commercial and residential builders serving the Southeastern region of the US. Excavation services include digging basements, grading, trenches, and foundations, and expertise extends to the demolition of buildings, ensuring a comprehensive suite of excavation solutions. The Company provides efficient hauling services, moving large amounts of material for a diverse range of customers, and is also a leader in recycling scrap metal and cardboard highlighting their commitment to sustainability and effective waste management. The Company has a strong fixed asset base with approximately $2.5M FMV in owned vehicles, tools, and equipment. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2024 COMPANY STATS >Founded in 1984 >Over 75+ Active Accounts >Located in Southeastern US >2,000 Sq. Ft. Facility >99% Repeat Business >Top Customer Centration Equates to 24% of Sales in LHY >Moderate CapEx Requirements >$2,550,000+ in FMV Fixed Assets INVESTMENT APPEAL • Strong Client Relationships: The Company has developed strong relationships with its clients due to its outstanding customer service and ability to generate demand for its clientele. Approximately 99% of sales are from repeat business. • Gross Profit Percentage is Above Industry Benchmarks: The Company's gross profit of $1,800,000 in 2023 represents a margin of 61.0%. The Company's margin is higher than the industry average for companies of its size at 41.9%. • Decreasing Operating Expenses: Operating expenses have been trending lower, decreasing as a percentage of sales from 74.8% in 2021 to 45.4% in 2023. Effective management of operating expenses led to greater profitability over the historical period. • Documented Systems and Procedures: The Company maintains detailed policies and procedures to ensure all aspects of the business are appropriately managed and streamlined. • Diversified Customer Markets: The Company maintains a loyal client base within multiple markets, which includes excavating and hauling. Operating within multiple markets helps ensure the Company will not be significantly impacted during a slowdown within a single market. GROWTH OPPORTUNITY >Fragmented Industry Consolidation >Develop Sales & Marketing >Additional Staff Customer Market Mix 2023 Revenue Mix