Business For Sale

Services: Construction, Contractors


Established Concrete & Asphalt Paving Contractor!

Annandale, VA

Asking Price: Annual Revenue:
$260,000 $886,600

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RE: Established Concrete & Asphalt Paving Contractor! Broker: Dustin Zeher Horizon Business Brokers, LLC

Quick Facts

Asking Price: $260,000
Annual Revenue: $886,600
Net Profit: Not Disclosed
Cash Flow: $128,501
Total Debt: Not Disclosed
FF&E: $190,000
Real Estate: Not Disclosed
Year Established: 1974
Employees: 7
Listing Number: 984432377

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Business Overview:

Incredible opportunity to own an established paving company serving the Northern VA, Maryland, and the greater DC Metro Area. The business has been family owned and operated for over 40 years and maintains a very strong reputation for providing quality workmanship at competitive pricing. The company is completely turn key with all the equipment and vendor relationships in place to continue operations and make money on day one. The company employs a team of skilled workers that are well-trained and do the job right the first time, often repairing jobs of their competitors that didn't get done right the first time.

The company is predominately a commercial contractor (about 80%), but also does some residential work (about 20%). This presents a great opportunity for growth in the residential market and in the commercial space with a new active owner that can take the business to the next level with a strong marketing campaign and bidding government work. The business specializes in providing general maintenance, resurfacing, pothole repair, paving & texturing, speed bumps; working with both concrete & asphalt. They also provide design services, excavation, hauling, and snow removal. With over 40 years in business they have developed a very loyal customer base that generally yields at least $400k of revenue per year from repeat customers. The owner is retiring and looking to pass the torch to someone to carry on the legacy of the company taking care of its employees and customers. Don’t let this opportunity pass you by and contact us today!

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Property Features and Assets:

The business currently operates out of a home office in Northern VA and has a storage yard for the trucks and materials in Upper Marlboro MD. The business can easily be moved and operated from anywhere in the DC Metro area.

Market Competition and Expansion:

Competition: Standard competition in the local marketplace, but with a company that is over 40 years old it has a competitive edge that sets it apart from other small paving contractors in that they truly provide quality workmanship at very reasonable pricing using the best industry practices to ensure their clients are happy and return as a customer. Growth & Expansion: There is tremendous opportunity for growth with this company by just leveraging the name and reputation, but if a new owner develops a local marketing & advertising campaign for the residential market since the business is primarily commercial work (80%) the sky is the limit!

Reason for Selling:

Owner retiring after running business for 40 years.

Additional Details:

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

Resources:

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