Midwest Asphalt Hauling Firm with Real Estate

Not Disclosed, WI
Waukesha County

Industrial park


Asking Price: Annual Revenue:
$5,600,000 $1,748,000

Services: Construction, Contractors


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RE: Midwest Asphalt Hauling Firm with Real Estate Broker: Steve Boylan
License #: B450-7906-0139-05

Quick Facts

Asking Price: $5,600,000
Annual Revenue: $1,748,000
Net Profit: Not Disclosed
Cash Flow: $225,506
Total Debt: Not Disclosed
FF&E: $2,356,500
Real Estate: $2,000,000
Year Established: 1991
Employees: 17
BBN Listing #: 568160008
Broker Reference #: 7622

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Business Overview:

Business Overview:

In business for three decades, Operation Tonka specializes in dump-truck hauling for a number of premier construction companies in southeastern Wisconsin. The company’s key customers do a large percentage of work in the municipal road and highway space, where expectations are for continued growth and thus plentiful work for their subcontractors.

Investment Highlights:

• Established company with strong, positive industry reputation, loyal customer base
and repeat revenue
• Quality fleet, shop and maintenance equipment
• Experienced mechanic on staff
• Quality drivers
• Excellent location allowing for future growth

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Property Features and Assets:

Two clean, well-lit buildings house office, garages, service and wash bays, and all inventory. Combined space is large enough to house all the company's trucks at night. Three additional buildings leased by tenant. Property located in industrial park. Asphalt parking lots.

Market Competition and Expansion:

This acquisition opportunity immediately presents a new owner with a solid book of business that includes longtime customers of several to dozens of years. The reputation the current owner and drivers have built will ensure that these customers remain loyal following an ownership transition. The Midwest business currently is seasonal and operates—that is, produces revenue—eight months out of the year, which makes this purchase excellent for a snow-bird lifestyle. Alternatively, a new owner could expand operations south during these months or engage in winter hauling activities. Revenue is currently consistent April through November. New owner could also expand non-asphalt and nighttime hauling activity.

Reason for Selling:

Retirement

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.

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