Commercial and Residential Asphalt Business

Not Disclosed, TX
Williamson County

Less than 25 miles North of Downtown Austin


Asking Price: Annual Revenue:
$825,000 $952,819

Services: Construction, Contractors


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RE: Commercial and Residential Asphalt Business Broker: Will Simmons

Quick Facts

Asking Price: $825,000
Annual Revenue: $952,819
Net Profit: Not Disclosed
Cash Flow: $288,157
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 4
BBN Listing #: 97262509
Broker Reference #: Not Disclosed

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Business Overview:

The business holds longtime success in the asphalt paving industry due to their high quality customer service and workmanship, along with their competitive pricing relative to competitors. The business specializes in paving, sealcoating, striping, and has an excellent reputation for timeliness and customer service.

With regards to their customer service, the business maintains a high-level of communication with their clients throughout projects, and all employees are approachable and professional. These characteristics lead to higher customer satisfaction and better service quality compared to competitors.

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Property Features and Assets:

The company utilizes a 10,500-square-foot facility with two shops and one covered space. This facility is able to house all of the company’s equipment and vehicles necessary for operations. The owner currently leases the space for $1,150 / month. The current owner will assist the new owner in securing a longer-term lease at the current location, if desired.

Market Competition and Expansion:

One area for improvement is the business’s diversification of service offerings, such as construction work for municipal organizations, concrete grinding, minimizing trip hazards on commercial spaces, pressure washing asphalt surfaces, and doing more residential work. The company’s competitors lose bids and customers to the business because they are unable to match the customer service and do not have the same local reputation. The company’s low employee turnover rate has also contributed to the firm’s high-quality service, as the employee’s long-term experience has allowed the company to maintain quality services.

Reason for Selling:

Retiring

Additional Details:

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

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