Services - Miscellaneous Repair | Construction - Special Trades

Asking Price	$995,000	Inventory	Undeclared**
Gross Income	$551,124	Real Estate	$300,000*
Cash Flow	$187,210	Year Established	2003
FF&E	$470,000*	Employees	8

* included in the asking price

** not included in the asking price

This full service asphalt company paves, mills, maintains and stripes asphalt surfaces. They do drives, lanes and repair of overlays. Milling and full cut outs are available. They do commercial and residential driveway and parking lot sealing. Asphalt and concrete crack repair includes burn out with DOT and FAA qualified sealant. All forms of seamless lot and pothole repair are done with an infrared asphalt recycler. Sweeping, with vacuum and mechanical units available, includes construction site clean-up, full street cleaning, parking lot & parking garage sweeping, etc. Power washing and steam cleaning are also available. This well-organized company has many contracts with small towns, banks, shopping centers and other commercial organizations. Due to the repair industry which they work in, and the diversification of the expert services offered, they are relatively recession-proof.

Facilities: Company is neatly placed on 4 acres in a rural setting. Includes 2,700 s.f. residence/office in excellent condition; detached 2-car garage; 3,500 s.f. free-standing maintenance shop (heated) -very clean and organized; and 3,650 s.f. free-standing cold storage outbuilding to store sweepers, asphalt equipment and various other types of maintenance equipment, tools, attachments, materials, coatings and additives.

Competition: Some large asphalt companies are in the area. There is some cross subcontracting which takes place. However, this company's nitch lies in the small to medium sized jobs and special challenging repair situations. They have special equipment allowing them to do jobs which no other company can do.

Growth/Expansion: Market is at least 100 mile radius and could be expanded. In addition to mass mailings, telephone book ad and website, they have a booth and participate in various trade shows (Farm Show, Home & Garden, BCA Show, etc.), using displays, laptop pictures & explanations of repair processes and videos.

Financing: Unknown

Support/Training: Company has two owners. One wishes to retire and the other wishes to stay on as an employee under a separate employment agreement.

Reason Selling: One partner wishes to retire for health reasons.