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- RE: 38-Year Concrete & Asphalt Repair Contractor Debt-Free Record Growth
- Contact: Art Crosby
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $6,978,283 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,677,677 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $2,900,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | 17 | |
| BBN Listing #: | SB-59930 | |
| Broker Reference #: | GREDETMI001-59930 |
Business Overview:
This is a rare opportunity to acquire a highly respected concrete and asphalt repair contracting business with a 38-year operating history serving commercial, municipal, and residential customers throughout Metro Detroit and Southeast Michigan. The company provides a full range of pavement repair services, including concrete pavement, sidewalk, driveway, and curb repairs; asphalt repairs; structural concrete repairs; joint sealing and repairs; and drainage repairs — supported by a substantial company-owned equipment fleet (71 units, approximately $2.9 million in gross book cost) that eliminates reliance on rented equipment and supports reliable, in-house project execution. Financial performance has been outstanding. Revenue grew 32.8% in the most recently completed fiscal year to $6,764,732, and momentum has continued into the current year — through the first eight months, revenue of $6,978,283 already exceeds the entire prior full year. The business carries zero long-term debt and maintains a strong cash position. The company benefits from a diversified commercial, municipal, and residential customer base, an experienced and long-tenured workforce (including multiple Journeyman-level operators, with average tenure of over 11 years), and a favorable infrastructure-funding backdrop that continues to support demand for municipal pavement repair and rehabilitation work.
Contact the Seller:
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Property Features and Assets:
Leased yard and building facility in the service territory; not included in the sale. Lease may be assumed or renegotiated with landlord
Reason for Selling:
Owner retirement / planned ownership transition. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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