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Paving Co.- Well Est., $1,050,000 In Northern California For Sale

California - North, US
Asking Price:
$1,150,000
Sales Revenue:
$1M - $5M
Cash Flow:
$100K - $250K

Family-owned and operated, this profitable asphalt paving was established in August 2014. They offer both commercial and residential paving services in the following areas; Sonoma (city and county), Santa Rosa, Rohnert Park, Petaluma, Sebastopol, Healdsburg, Marin County, Napa County, Mendocino County, and Lake County.

Services
From seal coating and striping to crack repair and milling, their team of contractors can do it all:

• Commercial Paving - Parking lot or driveway: The company provides a full range of paving and seal coating services. Seal coating plays a significant role in the preservation of a parking lot. It provides more visual appeal and protects the surface from things such as oil spills and oxidation. Striping will make a parking lot look sleek and professional.
• Residential Paving: Your residence will look its best with an attractive driveway, as that is what your guests see first. The company has the proper equipment to create a driveway that looks good and has excellent strength. Asphalt paving adds both value and convenience to your home.
Upon review of their “Income Growth Chart,” you will see the rapid growth of the company since the business opened in 2014. The current customer base is over 1,200 according to the company’s QuickBooks. You can see the growth increased six (6) times in the second year; by 2017 it was nine (9) times, and by twenty (20) times in 2020.

Operations
The majority of the jobs in 2022 were from 2021. They believe their revenue would have been the same in 2021 as in 2020 if the rain wouldn’t begin until the latter part of November as it has in the past. The company continues to receive referrals from previous customers, and repeat business. An improved web page: has increased online presence and the creation of a UTube account with many videos helps to improve rankings.
A very important reason for the company’s growth is the invitation they received from the Diamond Certified organization to accept a well-earned Diamond Certified Award. The company far surpassed the minimum requirement of 90% by qualifying with 98% customer satisfaction. As a member of this elite organization, the company has been told many times that they were chosen over other paving companies based on being Diamond Certified, even though they were the most expensive.

The company recently added another benefit for its customers; a reputable finance company, AcornFinance, now offers to qualified customers financing for their projects with loans up to $100K for up to 12 years.

Owners

The owner and his wife feel their customer-oriented approach to asphalt work has been a key factor in its success for over eight years. His wife adds that: "We know how unpleasant and disruptive it is to have a damaged driveway or parking lot, so we take a lot of pride in helping our clients so they don't have to deal with issues like potholes and trip hazards. They really appreciate the long-term quality of our work. "
The company offers free estimates for the convenience of its customers, and it works around their schedules so they can maintain their normal home or business routines while their projects are underway.

Company philosophy
“We want to be known as an honest company that does each job exactly how it was agreed upon in the contract, with no hidden agendas or cutting corners. Our goal is to establish ongoing relationships with our clients, and we’re able to accomplish that by keeping our promises and providing first-rate services.”

Property Information

Real Estate:

Lease