Established, Profitable, Family-Owned Paving Bu...

Roanoke, VA
Roanoke County


Asking Price: Annual Revenue:
$4,500,000 $1,919,908

Miscellaneous: Non-classifiable


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RE: Established, Profitable, Family-Owned Paving Bu... Broker: Mike Keen

Quick Facts

Asking Price: $4,500,000
Annual Revenue: $1,919,908
Net Profit: Not Disclosed
Cash Flow: $662,900
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1955
Employees: Not Disclosed
BBN Listing #: 136164288
Broker Reference #: ROANOVA001-52050

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Business Overview:

Incredible opportunity to own a profitable, reputable, paving business that has served Central/Southwest Virginia for nearly 70 years. The business has been owned and operated by the same family and maintains a positive reputation for quality workmanship while also cultivating a loyal customer base and generating significant revenue through repeat business and referrals. For more information on this listing, contact: Mike Keen at (540) 777-1585 or mkeen@sunbeltnetwork.com We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email to discover the difference with Sunbelt Business Brokers of Roanoke & Lynchburg. The business is sought after by local contractors, municipalities and commercial businesses and commercial/municipal business accounts for approximately 75% of revenue. The asking price includes a 6,000 +/- sq ft building situated on 3.31 +/- acres as well as many materials needed. The business also has the opportunity to add revenue streams such as residential work. The owner is retiring and would like to pass the torch to someone who can carry on the legacy of the business by taking care of its customers and employees. The owner is willing to assist with training for a smooth transition. Currently the paving business is estimated to be a $30B industry.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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