Paving Contractor Business For Sale

Business description

In business since 1972 they do Asphalt Paving, Basketball Courts, Driveways, Parking Lots, Pathways, Resurfacing, Sidewalks and Tennis Courts using Dual Slope Laser Grading on all projects. Half of their 16 employees have been with them for 10 years the other half 3+ years. They own all their equipment and work directly with customers, contractors and developers throughout Florida, the Bahamas and the USA. The durability, accuracy, quality and competitive pricing on prestigious jobs has customers calling them. The $2,600,000 price includes $400,000 W.I.P Inventory, $1,000,000 of Equipment and $250,000 of Real Estate. It has been pre qualified for a loan of $2,000,000 requiring a down payment of $600,000 plus costs.

Property information

Real Estate:

Real Property Included

Location:

Palm Beach County Florida

Other information

Expansion potential:

Very good

Competition / Market:

Not a Threat

Support & training:

30 days at no cost to buyer

Reasons for selling:

Retirement & Travel

Trading hours:

M to F 7 to 4

Financing available:

Pre Qualified for a loan of $2,000,000 For 10 years at 8.5% or $24,800 per month

Furniture / Fixtures value:

$1,000,000 (included in the asking price)

Inventory / Stock value:

$400,000 (included in the asking price)