$2.5M EBITDA Site Prep, Dirt Work, and Underground Utilities for Schools in Indianapolis

This excavation business provides a full range of services including large-scale site preparation, grading, underground utility installation, and dump truck hauling. Serving municipalities, schools, industrial facilities, commercial developers, and general contractors, their diversified customer base and consistent demand have driven a sustained four-year growth trend. Established in Central Indiana, they extend service to clients spanning a 50-mile radius of Indianapolis and have done so for the last 15+ years! The operation is supported by a seasoned team of 34 employees, including an experienced General Superintendent, four Foremen, CDL drivers, equipment operators, and an Office Manager, providing an established leadership structure and smooth day-to-day execution. The acquisition includes over $1,300,000 in working capital and more than $2,500,000 in equipment and hard assets, with an additional $3,400,000 in WIP & Backlog making this a well capitalized, asset-rich acquisition with immediate cash flow and strong regional market presence. The seller is preparing for retirement and is committed to a seamless transition, offering up to three years of support in addition to carrying 25% of the purchase price. This business does not utilize any special designations or use the union for labor.