17562-Opportunistic Asphalt Paving Contracting

AZ

Seller Financing Available
17562-Opportunistic Asphalt Paving Contracting
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Asking Price: $250,000

Cash Flow: $75,000

Gross Revenue: $547,000

EBITDA: N/A

FF&E: $30,000

Inventory: $2,000

Established: 1982

17562-Opportunistic Asphalt Paving Contracting

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Business Description

Home-based in the greater Pheonix Area of Arizona, the company is a long-standing, professional company specializing in on-site asphalt paving, patching, and seal coating. The primary product and service lines include outsourced site work, road patching, asphalt paving, decorative stamping, and maintenance. They have been operating for over 37 years, and continue to be an extremely profitable company with a single-owner. Since its inception, the company has grown exponentially, with the majority of its revenues coming from repeat business and strategic market capitalization in Maricopa County. The customer base consists primarily of businesses in need of asphalt paving products. The company has a proven track record of being able to stay ahead of market trends, new technologies, and changing trends in the types of asphalt paving products gaining popularity in the marketplace. With its range of products and services, the marketing efforts focus on targeting repeating business utilizing its loyal customer base, and long history of satisfactory work. The company is also capable of providing asphalt repair and patching services to its customers on an on-demand, and through service-level agreements to commercial customers. By providing repair services, the company maintains an even higher presence in the market by being able to capitalize on its existing customers’ entire paving and asphalt needs. In fiscal year 2019, the total revenue was $547,544 with Seller’s Discretionary Earnings of $74,851. The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to their continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home Based
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Approaching retirement
Home-Based:
This business is Home-Based
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IAG Buyer Division

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IAG

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