ConcreteCaliforniaPlacer

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Asphalt Sealing and Striping - Thriving BusinessAsphalt Sealing and Striping - Very Profitable with Short Season
$1,050,000Cash Flow: $320,000
Asphalt Sealing and Striping - Thriving BusinessAsphalt Sealing and Striping - Very Profitable with Short Season

Placer County, CA

This thriving paving, sealing and striping company has been in business for more than 30 years. Located in a very attractive mountain area makes for a lifestyle business with short, busy, repeat business seasons. The company consistently produces more than $1million per year in revenue generating more than $300,000 in owner’s discretionary earnings in just a seven-month season of operations. They enjoy winter months off for skiing, family vacations and down time. The company specializes in private and commercial: hot crack filling, sealing, paving and striping of walkways, driveways, parking lots and roadways. The paving jobs are intentionally limited to smaller, custom work resulting in higher margins than larger roadway paving that is left to large paving contractors.

30 Year Profitable Paving Business
$1,050,000Cash Flow: $320,242Seller Financing
30 Year Profitable Paving Business

Placer County, CA

This thriving paving, sealing and striping company has been in business for more than 30 years. Located in a very attractive mountain area (near Lake Tahoe) makes for a lifestyle business with short and busy, repeat business seasons. The company consistently produces more than $1 million per year in revenue and drops more than $300,000 in owner's discretionary earnings in just a seven-month season of operations. They enjoy winter months off for skiing, family vacations and down time. The company specializes in private and commercial: hot crack filling, sealing, paving and striping of walkways, driveways, parking lots and roadways. The paving jobs are intentionally limited to smaller, custom work resulting in higher margins than larger roadway paving that is left to large paving contractors. The company has several well-trained crews that take pride in their work, resulting in more repeat and new work requests than they can handle. Having to turn away requests each year due to operating at the owner's comfort level, there is opportunity for growth. Being in the mountain area brings more than just lifestyle and short seasons, it drives demand for repeat services due to heavy wear and tear from the weather, snow removal equipment, sand and gravel and heavy tourist and local traffic. High barriers to entry and 30 years of brand identity and reputation in the territory also drive demand. The owner has invested back into the business diligently, leaving the new owner with a good fleet of updated, solid vehicles and equipment. He continues to maintain the integrity of the business reputation, and with that comes a lengthy transition period that he will extend to the new owner as well.


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