MergerPlace

Asphalt Maintenance and Replacement

Michigan (Wayne)


  • Asking Price: $675,000
  • 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 growing asphalt or landscaping company and others! Regular, growing sales and cash flow. The seller works from May 1st through October 31st and makes over $200,000! 2018 sales are up 10% over 2017 at $497,63170 with an owner’s cash flow of $225,162. Owner runs day to day operations including bids and quality control. A couple longer term term employees and newer key employee who could assist in the owners regular duties. Over 4500 clients and counting! Business clients maintain every year and residential clients every 2 years. Many clients are regular, repeat, long term customers. 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. 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


Business Details

Primary Business Category: Contractors - Special Trade
Location: Michigan
County: Wayne

Company Information

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

Financial Information

Asking Price: $675,000
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