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Business For Sale

Profitable Asphalt Maintenance Company For Sale

Grand Haven/Ottawa, MI, USA

Services: Non-classifiable

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$675,000
$870,000
$92,000
$147,500
$190,000
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2000
8
36426358

Business for Sale Overview:

This is an 8 year old company with a great reputation and net profits. This is an established company with lots of room for growth. We have positioned ourselves as an environmentally friendly company that has the best warranties and service in the industry. This business has the right people and equipment in place, just needs new manager of the business itself. Current owner will be available as a consultant as long as the new owner needs or for what would be considered mutually appropriate. Owners need to remove themselves from the application side of the industry to expand its manufacturing of winter and summer maintenance related equipment and products.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Business is located in same building as the sister manufacturing company and can remain their for one year until new owner can relocate. All assets necessary for business to run will be free of any liens at time of sale. New owner will have special relationship with manufacturer of products and equipment which gives them a unique competitive advantage.

Market Competition and Expansion:

Their are 7 competitors that treat our industry as a legitimate business in a 45 minutes radius of its current location. With the knowledge and relationship of the current sister company and its ability to manufacturer all equipment and products gives this business an edge that cannot be matched. Expansion can only be limited by the ability to service and at this point, that limit can be determined by the new owner’s willingness to accept the challenge of a larger company. Owner willing to finance some of the gross purchase price through the on going purchase of materials and equipment. Projected growth of 20% for 2009 season. (Other Purchase option without cash, $300,000 down, the appropriate credit and continued purchase of materials and equipment would reduce principle).

Reason for Selling:

Owner wants to focus on expansion of the manufacturing company in related field of products and equipment.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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