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 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 with suppliers, and customers, and contracts with many regional businesses in need of paving work. Primary clientele includes 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 repeat 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 2023, the total revenue was $2,095,441, with discretionary earnings of $546,695.
Real estate is not included in the price but can be purchased at its appraised value. Business is booming. The seller only works and does jobs for about 8 months a year, taking 4 months off because of the weather. A new owner could work a full 12 months but would need to consider the quality output because of the rain.