A popular sealcoating company with steady commercial and residential work is available for sale. In business for 9 years, this company primarily does commercial work, such as large shopping center parking lots, which are very profitable. Sales have been strong year over year and the business grossed over $730,000 in sales in seven months in 2015, with an owner’s cash flow of over $165,000.
According to industry report IBISWorld, revenue for paving services will continue to rise at an annualized rate of 2.8% to $34.2 billion in the five years to 2021. Sealcoating is an important service because it protects the pavement from wear and tear and weather factors, preventing cracks and the need for frequent repaving.
The business sale includes approximately $150,000 of equipment and supplies, all in excellent condition, much of which was purchased in the last two years.
The business leases an office as well as parking spaces for the vehicles and has a flexible month to month lease.
GROWTH & EXPANSION
There is a lot of opportunity to grow the business by adding more residential work, since there is a high demand in the area. The business receives more residential requests than they are able to take on. Since they have a strong customer base of commercial clients, plowing services could be added in the winter, when sealcoating services aren’t provided.
Asking Price $425,000
You May Also Like
Extremely Profitable Paving/Striping Business #455014 posted Sep 30, 2016
- Maryland, United States
This 30 year plus extraordinary company is well-known and enjoys an outstanding reputation. Owners state the phone is “constantly ringing” – recurring business accounts for approximately 80% of revenues. Lines of service include: asphalt paving, pavement markings, sealcoating and crack filling, concrete,...
Paving Business for Sale in Florida #406874 posted May 10, 2016
- Florida, United States
This is a mature, successful business rapidly growing with the robust SW Florida economy. Services include concrete removal, new construction, maintenance and repair, resurfacing and sealing. Customers include residential, commercial and industrial in Charlotte, Collier, Glades, Hendry and Lee Counties....
Asphalt Sealing and Repair #408978 posted Jun 8, 2016
- Minnesota, United States
For the last 22 years they have built their business through quality workmanship and excellent customer service. They start in early May biding work from their customer base since it repeats every 2-3 years. Their customers are both home owners and commercial locations. Very little marketing is done.
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.