Business For Sale

Well Established Asphalt Seal Coating Business

Not Disclosed, MI
Wayne County

50 mile radius of Romulus, MI


Asking Price: Annual Revenue:
$550,000 $487,631

Services: Construction, Contractors


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RE: Well Established Asphalt Seal Coating Business Broker: Jonathan Swanson
Owner Financing is Available!
Seller may consider seller financing terms with a solid down payment.

Quick Facts

Asking Price: $550,000
Annual Revenue: $487,631
Net Profit: Not Disclosed
Cash Flow: $249,167
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 5
BBN Listing #: 17355913
Broker Reference #: Not Disclosed

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Business Overview:

Well established commercial and residential asphalt seal coating business. Offering seal coating, cold patch repair, crack filling, and replacement services for over 10 years. This would make great addition to a B2B or B2C business! Regular, growing sales and cash flow. The seller works from May 1st through October 31st and makes almost $250,000! 2018 sales were up 10% over 2017. Owner runs day to day operations including bids and quality control. A couple longer term employees and newer key employee who could assist in the owner’s 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. This would be a great add on business that could be eligible for $0 down SBA expansion funding. A Non-Disclosure Agreement and proof of financial ability for possible bank financing are necessary to learn about this opportunity. Owner may consider seller financing terms with a solid down payment. Please contact Jon 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 4,500 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:

Other Business

Additional Details:

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

Documents:

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