Business For Sale

Growing Asphalt Maintenance & Replacement Business

Not Disclosed, MI
Wayne County

50 mile radius of Romulus

Asking Price: Annual Revenue:
$700,000 $497,631

Services: Construction, Contractors

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RE: Growing Asphalt Maintenance & Replacement Business Broker: Jonathan Swanson

Quick Facts

Asking Price: $700,000
Annual Revenue: $497,631
Net Profit: Not Disclosed
Cash Flow: $225,162
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 4
BBN Listing #: 752655913
Broker Reference #: Not Disclosed

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Business Overview:

10-Year-Old commercial and residential asphalt seal coating, cold patch repair, crack filling, and replacement company. Great addition to a landscaping company and others! Growing sales and cash flow. 2018 sales are $497,63170 with an owner’s cash flow of $225,162. The seller works from May 1st through October 31st and make $200,000! The 2018 season was better with 10% growth over 2017! Owner runs day to day operations including bids and quality control. A couple long term employees and a couple newer. Over 4,500 clients. Many clients are regular, repeat, long term customers with commercial clients maintaining annually and residential clients at least every 2 years. There is an additional opportunity with this business to take on additional clientele and potentially double the business (ask for details). The business is home based and easily transferable. $160,000 of trucks and equipment is included along with a working inventory. A Non-Disclosure Agreement and financial disclosure are necessary to learn about this opportunity. Please contact Jonathan Swanson.

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Property Features and Assets:

The business is run from the owners personal garage and a storage garage. This can easily be moved to another home or facility. The garages house the equipment and some product inventory.

Market Competition and Expansion:

The owner does some advertising and works with a large return clientele! The current database has over 4,500 customers. This is a competitive market and the seller is selective on the projects they accept. There is huge opportunity to possibly take on a another companies book of business (we can discuss) which could easily double the current business.

Reason for Selling:

New Ventures.

Additional Details:

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

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