MergerPlace

Paving and Excavating

New Jersey (Bergen)


  • Asking Price: $289,000
  • Gross Income: $639,365
  • Cash Flow: $147,398
  • Real Estate: Not Disclosed
  • Inventory: $12,035
  • FF&E: $507,958
  • Listing ID: #199423
  • Established: 1970
  • Employees: 5 FT

Business Description

This business is well known for its paving and excavation work since 1970. A mix of commercial and residential customers, they perform all paving, concrete flatwork, excavation and drainage work. This business would be a perfect fit for either someone in the business currently, a landscape company, contractor looking for additional clients and revenue, as well as someone with construction experience ready to start their own business. It’s got a long list of satisfied customers. Don't miss out on this opportunity!


Business Details

Primary Business Category: Construction - Heavy
Location: New Jersey
County: Bergen

Company Information

Year Established: 1970
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT

Financial Information

Asking Price: $289,000
Gross Revenue: $639,365
Cash Flow: $147,398
FF&E: $507,958
Inventory: $12,035
Seller Financing Available: No

Property Information

Facilities:

A subdivided section of 17,000 square foot property, there is plenty of room for storing of trucks, equipment and supplies. This business can easily be relocated as well.

Growth & expansion opportunities:

Lots of areas to grow the business including adding sales/marketing. Expand into land/hardscaping as well as taking on larger road projects.

Competition:

The business is located in the very populated area of Northern New Jersey so there are many established concrete providers such as this business. They have been open since 1970 so competition has come and gone but they are still here and successful.

Reason for selling:

After 47 years, family ownership is ready to sell to a new operator of the business. Perfect for another paving/concrete contractor or landscaping company.

Support & Training:

Will train for 2 weeks @ no cost. The business only requires a home improvement contractor license and is transferable with the sale. Good support staff in place for easy transition.

Contact Business Seller

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Business Listed By:

Daz Connell

Murphy Business Brokers