Pavement Marking and Maintenance

Not Disclosed, WY
Campbell County

Asking Price: Annual Revenue:
$1,100,000 $944,683

Services: Construction, Contractors

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RE: Pavement Marking and Maintenance Broker: Joe MacGuire
Owner Financing is Available!
$116,500 down/$116,500 over 36 months @ 5%

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $944,683
Net Profit: Not Disclosed
Cash Flow: $236,661
Total Debt: Not Disclosed
FF&E: $620,000
Real Estate: $480,000
Year Established: 1979
Employees: 6
BBN Listing #: 42534955
Broker Reference #: 7503-15775

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Business Overview:

Asphalt Pavement Maintenance and Marking company. For over 41 years, company has provided parking lot design and parking lot striping services for north east Wyoming and surrounding states. Company has the equipment to apply specialty paint designs and new technology thermo-plastic markings, parking lot striping, roadway pavement markings, line striping, curb painting and lettering, game courts, athletic field striping, playgrounds, game courts and more. Company has experience with government contracts to stripe large and small roads, airport runways and taxiways using water based paint or chlorinated rubber traffic paint.

Company has the equipment and expertise to offer asphalt seal-coating, crack-sealing, pothole repair, sweeping, custom blend asphalt sealers, emulsion sealers, asphalt patching, hot-melt to Federal and State specifications and cold-pour to Federal and State specification. This offering also includes a separate entity used for specific jobs that offer a preference. The financials are combined.

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Property Features and Assets:

Company is based in a 1.06 acre (46,000 square feet approximately) fenced yard with a 6,000 square feet approximately. steel construction building with four full offices, reception area, meeting area, restroom facilities, maintenance shop, indoor storage for the equipment, rolling stock, paint, external tank for sealant, secure fenced yard with city electric, gas, water and sewer zoning Industrial - Light. The Seller will retain a 2,688 shop with an access easement and parking. The Real Estate and shop are included in the price for $480,000 subject to independent appraisal. The Seller is willing to consider a triple net five year lease with five year option to renew or contract for deed. Assets= $1,160,000

Market Competition and Expansion:

No competition in the home area, several large firms from out-of-state come to Wyoming to bid on road and highway projects. The State of Wyoming awards a 5% preference to in-state contractors. Good potential for growth.

Reason for Selling:

Owners are 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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