Asphalt Paving & Sealing Company

Franklin County, MO

S-2227 Asphalt Paving & Sealing Company

Asking Price:$1,450,000

Cash Flow:$450,000

Gross Revenue:$1,825,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$650,000*

Established:1990

*not included in asking price.

Asphalt Paving & Sealing Company

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Business Description

Successful Asphalt Paving & Sealing co. with room to grow

This asphalt company has built a reputation for superior service and durability. Professional employees and attention to detail reflect the commitment to customer satisfaction. Lines of service include new and replacement asphalt paving, crack filling, repair, patching and sealing for commercial, industrial and residential customers. Demand for sealing services has grown that division into an important aspect of the business.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
12 FT, 3 PT
Facilities:
Dedicated location with ample storage and space for all equipment,in addition to office space. All buildings and equipment are clean and in excellent condition. Real estate is offered for sale or lease (not included in asking price).
Competition:
Several asphalt paving companies exist within the geographical area served (Franklin & Jefferson Counties and greater St. Louis area in Missouri). While those competitors depend on a large quantity of projects at low cost, this business instead focuses on quality…and is rewarded with customer loyalty and high regard. Traveling paving ventures also pass through the area occasionally, offering extremely low prices. However, potential customers quickly realize there is no representative remaining in the community after the jobs to address complaints or problems; this asphalt company is frequently hired to fix the low-quality jobs left by the traveling companies. The superior reputation for quality coupled with the prevalence of asphalt applications mean demand is consistently high for this company’s services.
Growth & Expansion:
- Many opportunities exist to bid for State and County projects under Missouri’s Prevailing Wage Law. Demand exists to expand service to a larger geographic area throughout the state. - Additional targeted advertising in the St. Louis market would facilitate more projects in that lucrative area. - Two full crews could be mobilized to complete more projects simultaneously.
Support & Training:
Seller is committed to 90 days of training and introductions to large customers.
Reason for Selling:
Retirement

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David Driscoll

Business Listed By:
David Driscoll

Metro Business Advisors

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