Business For Sale

Profitable & Established Paving & Sealcoat Bus.

Not Disclosed, IL
Kane County

Northwest Suburbs of Chicago


Asking Price: Annual Revenue:
$650,000 $1,400,000

Services: Construction, Contractors


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RE: Profitable & Established Paving & Sealcoat Bus. Broker: CHARLES A LUTZOW0

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $273,000
Total Debt: Not Disclosed
FF&E: $640,000
Real Estate: Not Disclosed
Year Established: 1968
Employees: 12
BBN Listing #: 145328013
Broker Reference #: 18030

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Business Overview:

This business was established nearly 30 years ago and has a reputation for quality work at fair prices. This non-union shop has a good mix of experienced long-time employees and young able-bodied laborers. All would like to stay on with new owner.

Illinois weather is very hard on concrete and asphalt and provides a great opportunity for steady business. Commercial work accounts for over 20% of profits and includes resurfacing , removal & replacement of parking lots, and maintenance such as sealcoating, lining, crack filling. They also work on new construction and developments, apartment buildings, strip centers, shopping centers and business centers. 80% of profits come from residential driveway replacement.

The business includes all equipment that would be needed to continue as a successful business and is well maintained and in good working order.

The office is very efficient and well run. The Office manager is willing to stay with new owner.

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Property Features and Assets:

Construction trailer and pole barn may be available for lease.

Market Competition and Expansion:

There are other paving companies in the area, but this business has established a reputation for quality work & fair prices.

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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