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The Wall Street Journal Online

Full Service NAPSA Pavement Maintenance Company

Virginia

Seller Financing Available

Photo Available
Asking Price:
$795,000
Gross Income:
$1,468,999
Cash Flow:
$185,129
EBITDA:
$135,129
FF&E:
$461,575.00 *
Inventory:
N/A
Real Estate:
N/A
Year Established:
1986
Employees:
42
Business Types:
Miscellaneous Services
Landscaping & Yard Services

* included in the asking price

Business Description

This Virginia based "One Stop Pavement Maintenance" company is a full service NAPSA certified sweeping company providing sweeping, asphalt repairs and pavement markings. In addition to parking lot and roadway sweeping, they also provide landscape and lawn maintenance services. They have been in business for over 30 years and have an excellent client base that is serviced by their NAPSA certified operations. Two locations allow for broad coverage and expansion opportunities. The company has an excellent reputation in the communities they serve due to their quick response and competitive pricing.

Detailed Information

Facilities:
The two locations consist of office and equipment service areas located in industrial park settings. Each building is a stand-alone structure with adequate parking and storage areas for equipment used in providing services to clients.
Competition:
The business faces competitors of varying size and capabilities. One other competitor of like size and resources provides competition. Most others are small and do not offer the capability necessary to service clients effectively. This business is NAPSA certified, which is a differentiator as most competitors are not.
Growth/Expansion:
Growth in this business is possible through better use of the internet and social networking services. Also the addition of a full-time sales person to focus more on property management and muncipal clients would accelerate growth.
Financing:
Seller will consider some financing for qualified buyer
Support/Training:
The owner is willing to provide 4 weeks of training, which is included in the selling price.
Reason Selling:
The owner wishes to reinvest the proceeds into another owned business
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Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Don Newton
Crossroads Business Group

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