MergerPlace

Asphalt Paving for Private Customers

California (Santa Clara)


  • Asking Price: $70,000
  • Gross Income: $2,712,472
  • Cash Flow: $316,929
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $500,000
  • Listing ID: #223070
  • Established: 1983
  • Employees: 2 FT 8 PT 1 Owner

Business Description

Paving contractor established 37 years serving private clients in the San Francisco Bay Area. The company provides asphalt paving, sealing, striping, and asphalt repair & overlay services. Clients include industrial parks, shopping centers, multifamily developments, office and R&D properties, private schools, churches, strip centers and most types of commercial buildings & complexes. The company has worked for thousands of customers over the years and has an excellent reputation for quality work, great customer services and high integrity.

The company has high quality equipment such as Peterbuilt trucks and great paving equipment. Owner estimates the value of vehicles & equipment to be $500,000.

The facility has an 1,800 square foot office, a 1,000 square foot warehouse on a ¼ acre parcel that is paved and fenced. It is located near two major freeways, which provides easy access to the Silicon Valley area.

The owner is retiring and has slowed down the business over the past year. SDE in 2019 was $316,000. Owner says that direct sales efforts will quickly build sales and he thinks it is capable of $5 million annual revenues with good efforts by a new owner.




Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Greg Carpenter at greg@mabusinessadvisors.com to receive a confidentiality agreement and learn more about this opportunity.


Business Details

Primary Business Category: Contractors - Special Trade
Location: California
County: Santa Clara

Company Information

Year Established: 1983
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT 8 PT 1 Owner

Financial Information

Asking Price: $70,000
Gross Revenue: $2,712,472
Cash Flow: $316,929
FF&E: $500,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

¼ acre fenced, paved parcel with 1,800 SF office Office 1,800 SF, warehouse 1,000 SF $5629 per month

Growth & expansion opportunities:

Best sales practice is direct contact with commercial property managers and property owners.

Competition:

Several similar competitors in the area

Reason for selling:

Retiring

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

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Business Listed By:

Greg Carpenter

Certified Business Broker