Seller's Contact Information
- RE: Established, Profitable, Family-Owned Paving Business ~ Central/SW Va
- Contact: Mike Keen
Quick Facts
Asking Price: | $3,490,000 | |
Annual Revenue: | $2,711,192 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $944,442 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1955 | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-52050 | |
Broker Reference #: | ROANOVA001-52050 |
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. The business is sought after by local contractors, municipalities and commercial businesses and commercial/municipal business accounts for approximately 75% of revenue. The business operates from a 6,000 +/- sq ft building situated on 3.31 +/- acres (not included in asking price). Seller will lease or sale the real estate.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.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.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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