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February 7, 2025, 9:21 pm UTC

EarthWise Excavation EarthWise Excavation | Government Grant Application

EarthWise Excavation | Application Preview

  • General Information

    Business Registration Number: EarthWise Excavation

    Location: Clarksville, OH, United States

    Length of Operation: 1-5

    Number of Employees: 1-10 Employees

    Annual Gross Income: Less than $100k

    Annual Gross Expense: $100k to $250k

    Open to Loans: NO

  • Funding Usage

    To purchase heavy equipment for the company.

  • Business Plan

    By networking, saving and investing in the business each year, I plan to scale to cover the entire southwest market and gross 1 million in sales in 4-5 years. I will be stepping in to fill a contractor/friends market through my work who his retiring and closing his company next year. My first year I will launch the business on the side while working full time. My friend who is already in business will be providing his overflow work for the first year. After the first year my friend will be retiring and I will be taking over his accounts and going into the business full time. The next two years I plan to work alone while scaling the company before hiring any employees. I hope to hire my first employee by year 3 and add an additional employee the year after. Year 1 (2023) Gross - 96k ($8,000.00/month) Costs: Truck-$700/month Skid Steer-$700/month Mini Excavator Lease to Buy-$500.00/month Insurance-$320.00/Month SBA Loan-$1400.00 Misc Tools & Supplies- $1,000.00/month Total Cost Per Month-$4,620.00 Taxes @ 22%-$1,760.00 Net Profit = $1,620.00/month ($19,440/1st yr) No Salary - Keeping Full Time Job 1st Year Year 2 (2024) Gross 350k ($29,166.67/month) Costs: Truck-$700/month Skid Steer-$700/month Mini Excavator Lease to By-$500.00/month Insurance-$320.00/Month SBA Loan-$1400.00/Month Misc Tools & Supplies- $25000.00/month Salary-($85,000/yr)$7083.33/month Total Cost Per Month-$15,963.34 Taxes @ 22%-$6,416.67 Net Profit = $6786.66/month Year 3 (2025) Gross 500k ($41,666.67/month) Costs: Truck-$700/month Skid Steer-$700/month Mini Excavator Lease to By-$500.00/month Insurance-$32.00/Month SBA Loan-$1400.00 Misc Tools & Supplies- $3500.00/month Salary-$7500/month ($90,000/yr) Total Cost Per Month-$10,482.00 Taxes @.22%-$9,166.66/month Gross Profit = $17,880.06/month Year 4 Gross 800k ($66,666.67/month) Costs: Truck-$700/month Truck-$700/month New Skid Steer-$1,200/month New Mini Excavator- $900.00/month Insurance-$450.00/Month New SBA Loan-$3205.00 Misc Tools & Supplies- $5000.00/month Salary-$7500/month ($90,000/yr) Employee #1-$3750/month ($45,000/yr) Total Cost Per Month-$23,405.00 Taxes @.22%-$14,666.88 Gross Profit = $28,595.79 Year 5 Gross 1,000,000 ($83,333.33/month) Costs: Truck-$700/month Truck-$700/month Dump Truck- $1,200.00/month New Skid Steer-$1,200/month New Mini Excavator- $900.00/month Larger Excavator- $1,500.00/month Insurance-$500.00/Month New SBA Loan-$3,205.00/month Misc Tools & Supplies- $6,000.00/month Salary-$7500/month ($90,000/yr) Employee #1-$4,166.67/month ($50,000/yr) Employee #2-$3,750/month ($45,000/yr) Total Cost Per Month-$31,321.67 Taxes @.22%-$18,333.33 Gross Profit = $33,678.33 Long Term: Year 1 (2023) Gross - 96k ($8,000.00/month) Costs: Truck-$700/month Skid Steer-$700/month Mini Excavator Lease to Buy-$500.00/month Insurance-$320.00/Month SBA Loan-$1400.00 Misc Tools & Supplies- $1,000.00/month Total Cost Per Month-$4,620.00 Taxes @ 22%-$1,760.00 Net Profit = $1,620.00/month ($19,440/1st yr) No Salary - Keeping Full Time Job 1st Year Year 2 (2024) Gross 350k ($29,166.67/month) Costs: Truck-$700/month Skid Steer-$700/month Mini Excavator Lease to By-$500.00/month Insurance-$320.00/Month SBA Loan-$1400.00/Month Misc Tools & Supplies- $25000.00/month Salary-($85,000/yr)$7083.33/month Total Cost Per Month-$15,963.34 Taxes @ 22%-$6,416.67 Net Profit = $6786.66/month Year 3 (2025) Gross 500k ($41,666.67/month) Costs: Truck-$700/month Skid Steer-$700/month Mini Excavator Lease to By-$500.00/month Insurance-$32.00/Month SBA Loan-$1400.00 Misc Tools & Supplies- $3500.00/month Salary-$7500/month ($90,000/yr) Total Cost Per Month-$10,482.00 Taxes @.22%-$9,166.66/month Gross Profit = $17,880.06/month Year 4 Gross 800k ($66,666.67/month) Costs: Truck-$700/month Truck-$700/month New Skid Steer-$1,200/month New Mini Excavator- $900.00/month Insurance-$450.00/Month New SBA Loan-$3205.00 Misc Tools & Supplies- $5000.00/month Salary-$7500/month ($90,000/yr) Employee #1-$3750/month ($45,000/yr) Total Cost Per Month-$23,405.00 Taxes @.22%-$14,666.88 Gross Profit = $28,595.79 Year 5 Gross 1,000,000 ($83,333.33/month) Costs: Truck-$700/month Truck-$700/month Dump Truck- $1,200.00/month New Skid Steer-$1,200/month New Mini Excavator- $900.00/month Larger Excavator- $1,500.00/month Insurance-$500.00/Month New SBA Loan-$3,205.00/month Misc Tools & Supplies- $6,000.00/month Salary-$7500/month ($90,000/yr) Employee #1-$4,166.67/month ($50,000/yr) Employee #2-$3,750/month ($45,000/yr) Total Cost Per Month-$31,321.67 Taxes @.22%-$18,333.33 Gross Profit = $33,678.33 Owner - Joey Wall, 19 years within the site development industry 11 of which were on the contractor side which held entry levels roles up to project management with another 8 years working solely as a land development field manager for land developers. Earthwise aims to provide earth shaping concepts by implementing conservation focused, land management practices for all drainage, erosion and general excavation needs. My employment history has provided me the opportunity to create vast network of connections within this field which I feel will help provide the upward momentum and projection it will need especially in the early stages.

  • Self Identified Competition

    GZM (Ground Zero Maintenance) Closing business in 2024 Pro Innovations- Located in Kentucky Market ? My years of background in the industry working with both site contractors and developers.

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