MergerPlace

Specialty Paving Contractor

Virginia (Loudoun)


  • Asking Price: $999,995
  • Gross Income: $1,434,825
  • Cash Flow: $506,853
  • Real Estate: Not Disclosed
  • Inventory: $190,000
  • FF&E: $512,000
  • Listing ID: #221240
  • Established: Not Disclosed
  • Employees: 7

Business Description

Incredible opportunity to own an established paving company based in Northern Virginia and serving the greater Mid-Atlantic region. The business has been owned and operated for over 15 years by the founder and maintains a very strong reputation for providing quality workmanship at competitive prices. The company is completely turn key with all the equipment and vendor relationships in place to continue operations starting on day one for the next owner. The company employs a team of skilled workers who are well-trained to do the job right the first time.

With over 5 million square feet installed the company is one of the country’s largest applicators with a track record of installing high quality projects along with exceptional customer service and support. The business provides high performance solutions for any project, including: pedestrian crosswalks, traffic calming areas, bus and bicycle regulatory lanes, playground and recreation spaces, parking lots, corporate logos and community branding. The company also specializes in stamped asphalt, innovative coatings and thermoplastic systems that enhance the aesthetic appeal to sustainable streetscape designs. These applications are practical, durable, cost effective, safe, attractive, and can be efficiently installed.

The company performs work for both Commercial & Residential clients with the breakdown of revenue being approx. 85% Commercial and 15% Residential. The company has developed a very loyal customer base and generates significant revenue through repeat business referrals. The owner is retiring and looking to pass the torch to someone who can carry on the legacy of the business by taking care of its employees and customers. Don’t let this opportunity pass you by and contact us today!


Business Details

Primary Business Category: Contractors - Special Trade
Location: Virginia
County: Loudoun

Company Information

Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 7

Financial Information

Asking Price: $999,995
Gross Revenue: $1,434,825
Cash Flow: $506,853
FF&E: $512,000
Inventory: $190,000
Seller Financing Available: Yes

Property Information

Facilities:

The business operates out of an office in Northern Virginia with a storage yard for equipment, but can be easily relocated in the DC metro area.

Growth & expansion opportunities:

There are various ways to grow and expand the business. The operation is easily expandable throughout the DC metro area and into new markets north like Northern NJ, Long Island, and Western PA as proven by the current model. The next owner will be able to leverage the strong brand and company reputation in the market to continue operating the business with success. There is the further opportunity for huge growth through fractional franchising or even fully franchising the brand on both the residential and commercial side of the business as the seller owns the rights to the intellectual property of the unique paving system.

Competition:

There is standard competition in the industry, but this business holds accreditations and licenses for several well-known applications enabling them to offer superior products and services.

Reason for selling:

Owner is retiring.

Support & Training:

Yes, the seller will provide transitional training and support to ensure the buyer’s success.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC