Paving and Sealcoating Business- 30117

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$715,000 $1,431,641

Services: Non-classifiable

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RE: Paving and Sealcoating Business- 30117 Broker: Mel Vaz
Owner Financing is Available!
$500,000.00 Down & $165,000 over 4 years @ 6%.

Quick Facts

Asking Price: $715,000
Annual Revenue: $1,431,641
Net Profit: Not Disclosed
Cash Flow: $222,638
Total Debt: Not Disclosed
FF&E: $351,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 57884447
Broker Reference #: Not Disclosed

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Business Overview:

Paving and sealcoating business for sale- established 50 years. The owner's father started this business, and he has been in the business since he has 15 years old. He is seeking a change of pace. The business is still very strong. They specialize in commercial/industrial and residential asphalt paving, sealing and maintenance. Fully-licensed and insured, they offer new paving, repairs, seal coating and striping, in both commercial and residential areas. They are a member of the better business bureau, with an A rating. They mainly service Suffolk County. Between 70 and 75% of business is repeat work. They do not spend a dollar on advertising. In the past year, the business grossed approximately $1,431,641.00, with a cash flow of approximately $222,638.00. They have well-documented financials, and P&L's can be provided as part of due diligence. This deal includes approximately $351,000.00 in heavy equipment. The seller will stay on for a lengthy training and transition period to help the new owner. This is ideal for an owner-operator, or as an ad- on to an existing commercial, industrial or residential construction business. We are seeking a serious and financially-qualified buyer with at least $550,000 in liquid funds to cover the downpayment. To learn more, please contact Mel Vaz today or email us. All meetings must be scheduled by appointment only.

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Additional Details:

  • The property is owned.
  • The owner is not 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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