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Quick Facts
Asking Price: | $3,200,000 | |
Annual Revenue: | $3,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $793,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 180963287 | |
Broker Reference #: | 13696 |
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Business Overview:
Founded by the current owner nearly 40 years ago, this Central Pennsylvania business provides high quality custom residential and commercial asphalt paving, repairs, and driveway removal. The tenured staff and professionally managed crews are committed to customer service, safety, and quality workmanship.
This business offers dependable revenues and strong profits driven by operating efficiencies. Sales growth has come from consistent branding, excellent market reputation, and improved customer processes from initial contact to project completion.
Growth opportunities include increased commercial paving, expanded geography, complementary services, and off-season services utilizing equipment and personnel. The current business operates from April to November, coinciding with asphalt availability.
Summary Investment Considerations:
?Dependable revenues and proven profitability
?Strong mix of commercial (30%) and residential (70%) customers sales
?Low customer concentration (less than 5% of annual sales to a single customer)
?Strong management team, documented systems in place
?Operational professionalism from initial customer contact to project completion
?Strong market presence, branding, repeat business, and customer referrals
?Opportunity for growth in commercial sales, expanded geography, and increased complementary services
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