Business For Sale

Asphalt Maintenance and Replacement Business

Not Disclosed, MI
Wayne County

Near Major Expressways and Airport


Asking Price: Annual Revenue:
$675,000 $497,631

Services: Construction, Contractors


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RE: Asphalt Maintenance and Replacement Business Broker: Jonathan Swanson

Quick Facts

Asking Price: $675,000
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: 20078
Employees: 5
BBN Listing #: 713555913
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 growing asphalt or landscaping company and others! Regular, growing sales and cash flow. The seller works from May 1st through October 31st and makes over $200,000! 2018 sales are up 10% over 2017 at $497,63170 with an owner’s cash flow of $225,162. Owner runs day to day operations including bids and quality control. A couple longer term term employees and newer key employee who could assist in the owners regular duties. Over 4,500 clients and counting! Business clients maintain every year and residential clients every 2 years. Many clients are regular, repeat, long term customers. 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. A Non-Disclosure Agreement and proof of financial ability for possible bank financing are necessary to learn about this opportunity. Please contact Jonathan Swanson or email us.

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Property Features and Assets:

The business is run from the owner’s 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. (Home Based)

Market Competition and Expansion:

This is a competitive market. The seller is selective on the projects they accept to keep above average premium margins. The owner does some advertising and works with a large return clientele! The current database has over 4500 customers and counting. 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 Opportunity

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.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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