Sold
Asphalt Sealing and Maintenance Company
This is a terrific opportunity to purchase a very successful Asphalt Maintenance and Repair Business with with outstanding customers, employees, equipment, and facilities. The have consistently grown and have very low customer churn. There are very experienced team supervisors in place. This is a non union shop that services commercial and residential projects of all sizes. Management and sales experience is all that is needed to grow this business to new level.
Listed By: Mike Kendall
Background information
Reference:
0082
Year established:
1990
Reason selling:
Owner is retiring.
Finance
Sales:
$1,880,000
Profits:
$740,000
Profit type:
Discretionary Earnings
Operations
Employees:
6 full time employees.
Inventory:
Approximately ~$60,000 included in the sale price.
Furniture fixtures and equipment:
Extensive equipment all included with the sale price.
Premises
Facility:
The facility is not included in the sale price, but is available for sale or lease. It is centrally located with terrific highway access to service the entire metropolitan St. Louis area. The facility has a tenant that occupies approximately 5000 sf and shares the utilities.
Square footage:
8859
Rent and lease terms:
Open to all options.
Location:
St. Louis
Opportunities
Growth:
This business hasn't done any marketing or advertising in years other than their website. There is significant growth opportunities with in their current location to add additional employees and equipment.
Price and terms
Price:
$2,575,000
Financing:
SBA Approved and minimal owner financing is available.
Training:
The owner is currently responsible for hiring, training, estimating, and financial functions of the business. He has a solid team in place to handle the day to day production activities. There are no license requirements other than a CDL for some of the larger equipment.