Pavement Maintenance, Seal Coat, Patch Repair

Not Disclosed, WY

Asking Price: Annual Revenue:
$175,000 $182,221

Manufacturing: Wood, Stone, Concrete

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RE: Pavement Maintenance, Seal Coat, Patch Repair Broker: Joe MacGuire
Owner Financing is Available!
$157,500 down/$17,500 over 36 mos.@ 5%

Quick Facts

Asking Price: $175,000
Annual Revenue: $182,221
Net Profit: Not Disclosed
Cash Flow: $40,662
Total Debt: Not Disclosed
FF&E: $175,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 5
BBN Listing #: 77004955
Broker Reference #: 7503-16300

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Business Overview:

Pavement Maintenance, Seal Coat, Patch Repair, Striping, Asphalt

Asphalt and Pavement Maintenance, Striping, Sealcoat, Patching and Crack Fill. Well established pavement maintenance contractor that is associated with a long time highway contracting company. The owners of the company know all aspects of the asphalt business. This is a seasonal business that focuses on maintaining larger lots and larger striping and crack fill jobs.

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Property Features and Assets:

The owners of the company are willing to allow the buyer to continue to use the bulk tanks where they are located and are open to a long-term lease agreement or the tanks can easily be moved. Buyer will need enough indoor space to store paint and other materials that should not freeze. Additionally it is always good to have indoor shop space for maintenance and to store the striping machines, blowers, routers and other equipment inside. Currently all of the man-operated small engine equipment is stored inside. Owners use the quiet months in the winter to maintain equipment and prepare for the summer season. All of the equipment is well maintained by professional full time mechanics. Assets = $175,000

Market Competition and Expansion:

No direct competition in the area. There are two small operators in the area, but they do not have the equipment needed for larger jobs. Obviously, larger merchants and businesses want their lots and roads maintained in the shortest amount of time possible. This business has the large and automated equipment needed to get in and finish the job as quickly as possible and minimize down time for the client. This business specializes in larger maintenance jobs in a 250 mile circle around the center of the State. Immediate need for additional services in the area and in the surrounding communities. This is the only pavement maintenance company that is equipped for larger jobs and larger invitation-to-bid projects.

Reason for Selling:

Owner is ready to retire.

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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