MergerPlace

Pavement Marking and Maintenance

Wyoming (Campbell)


  • Asking Price: $1,100,000
  • Gross Income: $944,683
  • Cash Flow: $236,661
  • Real Estate: $480,000
  • Inventory: $20,000
  • FF&E: $620,000
  • Listing ID: #221667
  • Established: 1979
  • Employees: 4 FT / 2 PT

Business Description

Asphalt Pavement Maintenance and Marking company. For over 41 years, company has provided parking lot design and parking lot striping services for north east Wyoming and surrounding states. Company has the equipment to apply specialty paint designs and new technology thermo-plastic markings, parking lot striping, roadway pavement markings, line striping, curb painting and lettering, game courts, athletic field striping, playgrounds, game courts and more. Company has experience with government contracts to stripe large and small roads, airport runways and taxiways using water based paint or chlorinated rubber traffic paint.

Company has the equipment and expertise to offer asphalt seal-coating, crack-sealing, pothole repair, sweeping, custom blend asphalt sealers, emulsion sealers, asphalt patching, hot-melt to Federal and State specifications and cold-pour to Federal and State specification. This offering also includes a separate entity used for specific jobs that offer a preference. The financials are combined.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Wyoming
County: Campbell

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT / 2 PT

Financial Information

Asking Price: $1,100,000
Gross Revenue: $944,683
Cash Flow: $236,661
FF&E: $620,000
Inventory: $20,000
Real Estate: $480,000
Seller Financing Available: Yes

Property Information

Facilities:

Company is based in a 1.06 acre (46,000 sq ft approx.) fenced yard with a 6,000 sq ft approx. steel construction building with four full offices, reception area, meeting area, restroom facilities, maintenance shop, indoor storage for the equipment, rolling stock, paint, external tank for sealant, secure fenced yard with city electric, gas, water and sewer zoning Industrial - Light. The Seller will retain a 2,688 shop with an access easement and parking. The Real Estate and shop are included in the price for $480,000 subject to independent appraisal. The Seller is willing to consider a triple net five year lease with five year option to renew or contract for deed.

Growth & expansion opportunities:

Good potential for growth.

Competition:

No competition in the home area, several large firms from out-of-state come to Wyoming to bid on road and highway projects. The State of Wyoming awards a 5% preference to in-state contractors.

Reason for selling:

Owners are ready to retire.

Support & Training:

Will train for 4 weeks @ no cost No licenses are required. Seller will teach buyer the skills needed to run the equipment and apply the products. Owner currently has a city general contractors license for constructing driveways and the city offers a specialty license for resurfacing driveways and is willing to work with the buyer as needed to provide license.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Joe MacGuire

Murphy Business Brokers