Long Standing Pavers And Granite Business

Business Overview:

The business has enjoyed a long standing success and great reputation for more than 2 decades. They install a variety of paving projects from individual residential projects as well as projects from General Contractors. They procure the granite from out of US. With highly trained craftsmen and competitive pricing, the business has been growing consistently since its inception.

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Property Features and Assets:

Monthly Rent: $1,683.33

Square Units (Foot, Meter): 20,000

FF&E Overview: Good working condition. Oldest equipment is 2011 truck.

FF&E General Condition: Great working conditions

Lease Expiration Date: December 31, 2025, 12:00:00 AM

Market Competition and Expansion:

Competition: The current owners have done a great job with retaining multiple commercial clients as well as referrals for residential work. There are several other paving companies in Utah, however, it is one of the few that make their own pavers and has built and maintained a great reputation based on integrity, professionalism, and communicating and making things right for their customers.

 

Expansion: The business has experienced consistent growth year after year, and the paving industry is consistently growing. A new owner should consider expanding to other areas outside Salt Lake, Utah, and Washington counties. There are also enough projects to add more crews and establish a stronger standing in the residential market in Washington County. With the current staffing, government contracts are also a big opportunity to consider.

Reason for Selling:

retirement

Additional Details:

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