MergerPlace

Growing Asphalt Maintenance/ Replacement

Michigan


  • Asking Price: $700,000
  • Gross Income: $497,631
  • Cash Flow: $225,162
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $160,000
  • Listing ID: #210468
  • Established: Not Disclosed
  • Employees: 4

Business Description

10-Year-Old commercial and residential asphalt seal coating, cold patch repair, crack filling, and replacement company. Great addition to a landscaping company and others! Growing sales and cash flow. 2018 sales are $497,63170 with an owner’s cash flow of $225,162. The seller works from May 1st through October 31st and make $200,000! The 2018 season was better with 10% growth over 2017. Owner runs day to day operations including bids and quality control. A couple long term employees and a couple newer. Over 4500 clients. Many clients are regular, repeat, long term customers with commercial clients maintaining annually and residential clients at least every 2 years. There is an additional opportunity with this business to take on additional clientele and potentially double the business (ask for details). The business is home based and easily transferable. $160,000 of trucks and equipment is included along with a working inventory. A Non-Disclosure Agreement and proof of financial ability for possible bank financing are necessary to learn about this opportunity. Please contact Jonathan Swanson at 248-688-9080 or email me at Jswanson@impcre.com


Business Details

Primary Business Category: Contractors - Special Trade
Location: Michigan

Company Information

Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 4

Financial Information

Asking Price: $700,000
Gross Revenue: $497,631
Cash Flow: $225,162
FF&E: $160,000
Seller Financing Available: No

Property Information

Facilities:

The business is run from the owners personal garage and a storage garage. This can easily be moved to another home or facility. The garages house the equipment and some product inventory. (Home Based)

Growth & expansion opportunities:

The owner does some advertising and works with a large return clientele! The current database has over 4500 customers. There is huge opportunity to possibly take on a another companies book of business (we can discuss) which could easily double the current business.

Competition:

This is a competitive market and the seller is selective on the projects they accept.

Reason for selling:

New Ventures

Support & Training:

The seller is willing to offer support and training for a minimum of 30 days and more is negotiable

Contact Business Seller

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Business Listed By:

Jonathan Swanson

Imperium Group