Asphalt Paving Company For Sale

Business description

This asphalt paving construction company in central California has excellent profitability, good cash flow, and minimal debt The majority of the business’ work is grading, baserock, excavating, and concrete flatwork/pads. It also handles paving, oil/slurry seal, underground water and sewer work. The business has an excellent reputation for dependable employees and quality work. Many of the employees have been with the company for years, and the company hires only the best candidates. With 16 years in the area, the business has deep ties to the community and enjoys unprecedented customer loyalty. It serves customers in a 100-mile radius.
The already-growing business has great potential for further growth under a new owner who will do more marketing and hire on a full-time estimator and additional clerical employees. Also, the community has grown 20 percent in the past 10 years with more growth expected. Industry is booming and expanding in the area.
The business sale includes the 5,000-sq-ft industrial building on a state highway. The site contains a large fenced yard with parking and a carport, a 3-ton movable hoist, an auto lift, a lock-up cage for small tools, a vehicle wash area and an upstairs storage mezzanine. The business is centrally located and just off a major interstate.
The owners are willing to stay on for a negotiable amount of time after the business sale.

Property information

Real Estate:

Real Property Included

Other information

Reasons for selling:

Retirement

Furniture / Fixtures value:

$740,000 (included in the asking price)