Boring businesses are supposed to be stable. But this one quietly breaks down when you look at what you're actually getting.
This is a dirt hauling, land clearing, and site work business based in Nassau County, Florida. It offers services like grading, debris removal, and material hauling using owned equipment including trucks, trailers, and heavy machinery.
At a glance, this looks like a typical blue-collar service business with steady demand and room to grow. But the numbers tell a very different story.
This is exactly the type of deal that feels safe on the surface and quietly becomes fragile once you stress the economics.
Deal Snapshot
Let’s run this through a standard SBA financing scenario.
SBA Scenario (10% Down)
After debt service, the buyer is left with only about $41K per year. That is extremely thin for a business that depends on trucks, fuel, and equipment uptime.
What Stands Out
- Asset-backed business: Includes significant equipment like trucks, trailers, and excavation machinery.
- Essential services: Land clearing and hauling are tied to construction and development demand.
- Growth potential: Seller claims the business could scale with more time and focus.
- Simple model: Straightforward service-based revenue with clear inputs and outputs.
Potential Risks
- Overvaluation: At over 4x cash flow, this is priced well above typical industry deals.
- Thin post-debt income: Only about $41K remains after financing.
- Equipment risk: Breakdowns, maintenance, and replacements can quickly wipe out profits.
- Below-average margins: Around 21%, which is weak for this type of business.
- Owner dependence: The current owner handles sales and collections, creating transition risk.
- Single employee operation: Limited staffing adds operational fragility.
BizHub Verdict
This deal scores a 4.4 / 10. Not because dirt hauling is a bad business, but because this one is priced like a stronger operation than it actually is.
This is a classic example of a deal that technically works on paper but lacks real cushion. In equipment-heavy businesses, that is exactly where things break.
Want to pressure test deals like this yourself? Try the BizHub Deal Calculator →
Want to see the original listing? View it here →