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Asking Price$715,000
Revenue$1,431,641 EstablishedUndisclosed
Cash Flow$222,638 Employees2 full, 9 part
FF&E$351,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Paving and Sealcoating Business - Established 50 Yrs. The owner's father started this business and he has been in the business since he has 15 yrs. old. He is seeking a change of pace. The business is still very strong. They specialize in commercial/industrial and residential asphalt paving, sealing and maintenance. Fully licensed and insured, they offer new paving, repairs, seal coating, and striping in both commercial and residential areas. They are a member of the better business bureau with an A Plus rating. They mainly service Suffolk County. 70-75% of the business is repeat work. THEY DO NOT SPEND A DOLLAR ON ADVERTISING In the past year the business grossed approx. $1,431,641.00 with a cash flow of approx. $222,638.00. They have well documented financials. P&L's can be provided as part of due diligence. THE DEAL INCLUDES APPROX. $351,000.00 IN HEAVY EQUIPMENT. The seller will stay on for a lengthy training and transition period to help a new owner. This is ideal for an owner-operator or as an add on to an existing commercial, industrial or residential construction business. We are seeking a serious and financially qualified buyer with at least $550K in liquid funds to cover the downpayment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL MEETINGS MUST BE SCHEDULED BY APPOINTMENT ONLY.
Training/Support:The seller will train the new owner.
Seller Financing:$500,000.00 Down and $165K over 4 yrs. @ 6%.
Sale Reason:Retirement from this industry.
Ad #96549
Seller Reference #30117
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Melvin L. Vaz
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