- Year Established
- 1968
- Annual Sales
- $3,029,000
- Seller Discretionary Earnings
- $308,000
- EBITDA
- $204,000
- FF&E
- $709,000
- Included Inventory
- $25,000
- Approximate Backlog
- $500,000
- Days & Hours of Operation
- M-F 7am-5pm
- Full-time Employees
- 25
- Part-time Employees
- 2
- Contractors
- 1
- Target Working Capital
- $100,000
- Reason For Sale
- True Retirement
- Limited Seller Financing
- Seller will provide 5% to reduce SBA buyer down payment requirement.
Summary
Description
This business, located in Wake County NC, is a reputable paving company known for its dedication to quality service and craftsmanship since its establishment in the 1960's.
Specializing in both residential and commercial paving projects, this business offers a wide range of services including driveway paving, parking lot construction, asphalt repairs, and sealcoating.
With a commitment to using high-quality materials and employing skilled professionals, they ensure durable and aesthetically pleasing results for their clients. Their customer-centric approach and years of experience make them a trusted choice for paving solutions in the Wake County area.
Competition
This firm is large enough to complete 6 figure projects and nimble enough to accept small maintenance and repair jobs.
Historical Summary
The business has been providing concrete, asphalt/paving installation, maintenance and repair services in Central NC area for decades.
Growth & Expansion Opportunities
Seller will consider leasing the GC license for a transition period.
Owner Qualifications
Owner should have, acquire or hire general business skills, be able to manage blue collar workers and work in moderate outdoor conditions. A General Contractors (GC) is required for projects over $40,000.
Support/Training
80 Hours
Related Asset
Real Estate Available
Facility Description
Well water, 1.22 acres, adequate parking, gated parking area, outdoor lighting, video security.
- Availability
- Leased
- Facility Type
- Stand Alone
- Building Size
- 4,218 sq. ft.
- Monthly Rent
- $5,000
