Pavement Maintenance and Repair Business

Not Disclosed, NJ

Asking Price: Annual Revenue:
Not Disclosed $446,561

Services: Home Improvement, Repair, Painting

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RE: Pavement Maintenance and Repair Business Broker: Stephen Wain

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $446,561
Net Profit: Not Disclosed
Cash Flow: $104,866
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 6
BBN Listing #: 609629987
Broker Reference #: 14631335D

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Business Overview:

This is a unique opportunity to own a well-known pavement maintenance and repair business that has established roots in 7 counties throughout NJ. Generating almost $450,000 in revenue and $105,000 in cash flow during the 2018 season, this business has been servicing both residential and commercial customers for more than 17 years.

In 2018, the Company completed more than 1,500 jobs and approximately 50% were repeat customers from previous years. The equipment is well maintained, and products used to perform the services are purchased in bulk to lower costs and increase margins.

The company uses a variety of marketing initiatives to increase business and draws from a customer database of more than 20K names. The informative website is user friendly and additional complementary services are offered to increase sales and stops customers from going elsewhere.

The owner can step away from the business during peak times due to a well-trained and experienced office staff and a foreman who is able to handle multiple crews. The current owner wants to pursue new opportunities and is looking for the right buyer to continue the growth of the company. The current owner will provide training and transition assistance to a new owner.

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Property Features and Assets:

The company leases 1,500 square feet of office and warehouse space. The 600 square feet office and the 900 square feet warehouse provide a great space for the company to run its daily operations. In addition, there is a large yard on site where the company vehicles are parked.

Market Competition and Expansion:

There are similar type businesses in the geographic area served.

Reason for Selling:

Owner wishes to pursue other interests in a different area

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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