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RE:  Asphalt & Concrete Paving Company Contact:  Quoc Pham

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,683,374
Net Profit: Not Disclosed
Cash Flow: $410,836
Total Debt: Not Disclosed
FF&E: 277,284
Real Estate: Not Disclosed
Year Established: 2016
Employees: 16
BBN Listing #: 351244107
Broker Reference #: 76931-505388

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Business Overview:

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-505388

**Price drop from $1,500,000 to $995,000. This listing should qualify for a bank loan for experienced buyers**

Available for acquisition is a family-owned business located in Houston, Tx which specialize in the new construction and re-construction of asphalt and concrete parking lots, roadways, and commercial driveways. This same company also offers road maintenance and parking lot services such as striping, lighting, signage, sweeping, sealcoating, ADA modifications, repairs and more!

There are two business partners who started this business together. Both business partners are very involved in the day-to-day operations. One partner’s role is the estimator and project manager, and the other business partner’s role is to be the field supervisor.

This business has done tremendously well, but one of the business partner is ready to retire so therefore this business is for sale. The preferred buyer would have experience in this industry. The sellers are willing to stay on to train the new buyer for an extended period at a negotiated salary.

Based on 2021 financials, seller’s discretionary earnings, for an owner operator would be an estimated $470,899 annually. This was based on annual revenues of $1,634,189. 2022 is looking to finish strong as well.

Please call my cell at 832-758-7756 if you’re interested or schedule a call with me through calendly. You may also send a request for more information online through the listing website.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other opportunity.

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:

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