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Commercial & Residential Asphalt Services (17792) For Sale

Western WA, Washington, US
Asking Price:
$1,700,000 Furniture / Fixtures included
Sales Revenue:
$1,747,385
Cash Flow:
$486,144

This Washington state company is a profitable, professional company specializing in asphalt paving, decorative stamping, driveway paving, patching and seal coating. They provide asphalt repair and patching services to customers on-demand and through service-level agreements. Operating for nearly 20 years, they continue to be an extremely profitable with over $650,000 that would be inherited by the new owner. Due to the quality provided, the company is experiencing a significant increase in demand for work. Customer completion times have increased to 5 months and customers are more than willing to wait to have it completed. The business is primed for new ownership through solid relationships from suppliers, customers and contracts with many regional area businesses in need of paving work. Primary clientele include residents who own homes, or 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, marketing efforts focus on targeting repeating business utilizing its loyal customer base, and long history of satisfactory work. By providing repair services, the company maintains an even higher presence in the market by being able to capitalize on its customers entire paving and asphalt needs. In 2021, the total revenue was $1,747,385 with Seller’s Discretionary Earnings of $486,144. Real Estate is not included in the price but can be purchased at appraised value. Business is booming. Seller only works and does jobs about 8 month a year, 4 months off because of weather. A new owner could work a full 12 months but would need to consider the quality output because of rain.

Property Information

Real Estate:

Lease

Location:

Property valued at $350,000 is available for separate purchase outside of Asking Price.

Size in square feet:
2,500+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Saturday 7AM - 5PM.

Employees:
9 nonunion.
Years established:
2002

Other Information

Support & training:

Standard Owner Transitioning of 12 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$1,211,323 - included in the asking price