Texas Asphalt Paving & Reclaimed Rubber Manufacturing Company

TX

Asphalt Paving
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Asking Price: N/A

Cash Flow: $3,200,000

Gross Revenue: $35,000,000

EBITDA: N/A

FF&E: $15,000,000

Inventory: N/A

Real Estate: N/A

Established: 1999

Texas Asphalt Paving & Reclaimed Rubber Manufacturing Company

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Business Description

Business provides Asphalt Rubber Paving and includes a plant that produces the granulated rubber from reclaimed tires. Asphalt Rubber Paving is more durable and quieter than traditional hot mix.

Majority of the work is from contracts with the Texas Department of Transportation (TxDOT) and comes with $43M in pre-booked business for 2019. 100% of work is Asphalt Rubber with 60% Spray Applied (then covered with chip rock) and 40% asphalt rubber modified hot mix. Business runs with 15 key employees in the winter and about 75 in the summer.

Plant offers services and products to Texas, Arizona, New Mexico, Utah, and Nevada. Product is 99% metal free with 35% going to their paving company, 58% to playground materials and remaining for other asphalt companies, mulch, medicine balls and other consumer products. Feedstock is a byproduct of recapped tires. However, facilities in place that could allow the addition of the whole used tire as a less expensive feedstock. Plant is currently running at 30% capacity.

Transaction comes with a strong technical and management staff for the training and transition of the plant and paving businesses.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
25-82
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two Facilities, available for purchase
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Bob Howells

Business Listed By:
Robert Howells & Doug Scheiding

Business Brokers of San Antonio

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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