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Businesses For Sale   >>   Construction Businesses For Sale

Asphalt Paving, Maintenance & Repair Company For Sale

Location  United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $4700000
Net Profit / Cash Flow  $1000000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1969
Number of Employees  10 - 19
Inventory  262946
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Up to two years.
Reason for Sale  To gain liquidity and fund growth.

National Business Search is representing for sale, on an exclusive fee paid basis, a very profitable provider of asphalt and concrete paving, maintenance and repair for public and commercial clients. The Company, founded over 40 years ago, is based in the Midwestern US in a major city with a diversified economy. The Company's mix of private and public clients has given it a history of consistent performance and profitability, and the flexibility to deal with recessions. In 2009 the Company had an adjusted EBITDA of $1,015,000 on sales of $4,635,374. Over the period 2007 to 2009 the Company averaged adjusted EBITDA of $1,080,000 on average sales of $4,737,000. The Company has 18 permanent employees and an experienced management team. It has financial statements and excellent business systems in place. The Company is at a point where it can be taken to a bigger level with appropriate investment in equipment and personnel. It typically stops bidding work by midyear due to full work schedules. The owners would like to gain liquidity and, at the same time, secure the resources to enable the Company to realize its full potential. Contact for more information on this Asphalt Company for sale.

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