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Paving & Sealcoating Business
Location: United States -> New York -> Suffolk County
Industry: Business Services > House and Garden Maintenance




Business Summary

Paving and Sealcoating Business - Established 50 Yrs. The owner's father started this business and he has been in the business since he has 15 yrs. 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 Plus rating. They mainly service Suffolk County. 70-75% of the business is repeat work. THEY DO NOT SPEND A DOLLAR ON ADVERTISING In the past year the business grossed approx. $1,431,641.00 with a cash flow of approx.

$222,638.00. They have well documented financials. P&L's can be provided as part of due diligence. THE DEAL INCLUDES APPROX. $351,000.00 IN HEAVY EQUIPMENT. The seller will stay on for a lengthy training and transition period to help a new owner. This is ideal for an owner-operator or as an add on to an existing commercial, industrial or residential construction business. We are seeking a serious and financially qualified buyer with at least $550K in liquid funds to cover the downpayment. ALL MEETINGS MUST BE SCHEDULED BY APPOINTMENT ONLY.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,431,641
Cash Flow:   $222,638
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Retirement from this industry.

Photos

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Paving & Sealcoating Business Photo 1 Paving & Sealcoating Business Photo 2




Print Listing Id: 700284892


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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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