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Well-Established Asphalt Paving Contractor For Sale

Avenel, New Jersey, US
Asking Price:
$220,000
Sales Revenue:
Not applicable
Cash Flow:
$140,000

Profitable, owner-operated asphalt paving contractor with approximately 47 years of continuous operation in one of the most densely developed markets in the country. The business installs, resurfaces, and repairs asphalt driveways and parking lots for a customer base that is roughly 75% residential and 25% commercial, with paving accounting for about 85% of revenue and the balance in repair, sealcoating, and crack filling.

Trailing-twelve-month revenue is $587,612 with seller's discretionary earnings of $141,089, a 24% margin. The business profit margins are healthy averaging over 40%. Because the owner takes no salary, claims no depreciation, and runs no W-2 payroll, reported net profit equals SDE with no adjustments, an unusually clean earnings picture fully supported by filed federal tax returns.
Nearly all new business arrives through the company's own website, which generates 250-plus estimated requests per year at minimal cost. The two-man field crew is long-tenured, and current production runs well below the crew's seasonal capacity, so a motivated owner has clear room to grow volume without adding equipment or staff.

This is a rare opportunity to acquire a long-established local name, an active lead channel, a trained crew, and equipment, in a business with low overhead, no debt, and no inventory.

Property Information

Location:

Avenel, Middlesex County, NJ 07001

Premises Details:

Low overhead. Vehicles and equipment are stored on a secure lot. (Home Based)

Business Operation

Reasons for selling:

Retirement

Years established:
1978

Other Information

Support & training:

Owner will provide a negotiated transition period covering estimating, supplier relationships, and crew continuity.

Financing available:

Seller financing available

Home based:
This business can be run from home