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Established Asphalt/ Paving Contractor In Raleigh For Sale

Raleigh, north Carolina, North Carolina, US
Asking Price:
$1M - $5M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,029,000
Cash Flow:
$308,000

This business, located in Raleigh, NC, is a reputable paving company known for its dedication to quality service and craftsmanship since its establishment in the 1960's.

Specializing in both residential and commercial paving projects, this business offers a wide range of services, including driveway paving, parking lot construction, asphalt repairs, and sealcoating.

With a commitment to using high-quality materials and employing skilled professionals, they ensure durable and aesthetically pleasing results for their clients. Their customer-centric approach and years of experience make them a trusted choice for paving solutions in the Wake County area.

Property Information

Real Estate:

Lease

Leasehold Rent:

$60,000 per annum

Location:

The business is located in a flex/warehouse commercial district. Well water, 1.22 acres, adequate parking, a gated parking area, outdoor lighting, and video security.

Size in square feet:
4,218

Business Operation

Expansion Potential:

The seller will consider leasing the GC license for a transition period.

Competition / Market:

This firm is large enough to complete six-figure projects and nimble enough to accept small maintenance and repair jobs.

Reasons for selling:

Retirement

Trading hours:

M-F 7am-5pm

Employees:
25
Years established:
55

Other Information

Support & training:

80 Hours included

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

Seller will provide 5% to reduce SBA buyer down payment requirement.

Furniture / Fixtures value:
$708,000 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price