BUSINESS NAME/CITY/ADDRESS:

L&E Excavating

Nanaimo, Vancouver Island, BC

Asking: $750,000

All serious offers will be considered

Willing to assist transition for new owner

FEATURES:

-17 years in business

-Established name

-Established Clientele

-Repeat Customers

-Year round Business (mild climate)

-Business can be relocated anywhere, portable

-If bonded ability to bid on endless jobs

-Business could easily double, or triple

-Steady increase in revenue

        -2005: $520,000

        -2006: $850,000

Inventory Cost (wholesale): $10,000
Fair market value of equipment: $300,000
(replacement cost new: $600,000)
Normalized net profit: $248,000 x 3: $744, 000

    Total Value: $1,054,000
    Asking Price: $750,000

EQUIPMENT:

-         690E-LC John Deere Excavator

-         200C LC John Deere Excavator

-         580 Super L Case Backhoe

-         NPK E210a Rock-breaker

-         89 Chevy Pick-up / Tidy Tank

INVENTORY:

- General office supplies included in sale

- Contact owner for complete details.

LOCATION:

http://www.tourismnanaimo.com/

http://www.vancouverisland.com/

CONTACT INFORMATION:

Larry Wetten

Email: leco@shaw.ca

Phone: 250-755-6876