Asphalt Paving Company – Established 42 Years – High Desert – Turn-Key!

Price: $949,000

Location: San Bernardino County

Industry: Heavy Construction

Listing ID: 01985236JR

Description

Listing ID - 01985236JR

This asphalt paving business provides the following services Asphalt Paving, Grading (Rough & Fine), Seal Coating, Commercial Pads, Street Improvements, Parking Lots, Overlays, Trench Repairs, Crack Repair, Patch Repair, Striping Saw Cutting, Asphalt Berms, Asphalt Curbs, Speed Bumps, Driveways, Approaches, Sub-Divisions, Parkways, Paver Rentals.

The business has been established for 42 years located in the High Desert area; the owner wants to retire and move out of state and wants to sell the business.

The company has established a large statewide customer base of repeat business, with a client list that includes owners and property managers of hospitals, churches, shopping centers, office parks, country clubs, restaurants, municipal facilities, and more.

It is situated on a spacious two-acre yard and has nine full-time paving professionals employed and has all the equipment to do an efficient and professional job; this is an ideal turn-key opportunity for an experienced paving journeyman or manager looking to acquire his own business.

This business requires the buyer to have a paving license C-12 or have the experience necessary to be able to get the license.

Try SBA Financing with only a 35% Down Payment.

Call me today to arrange an appointment to take a close look at the business.

LISTING DETAILS

Down Payment: $949,000

Total Sales: $1,560,000

Cash Flow: $360,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $200,000

FFE Included: Yes

Inventory: N/A

Operation

Year Established: 1980

Days & Hours of Operation: 5 Days (Mon to Fri - 7am to 5pm / Sat & Sun - Closed)

Owner Hours Per Week: Full Time

Non-Owner Payroll: N/A

Employees: 9

Absentee Owner: No

Lease Option: New Lease 5 + 5

Location

Real Estate: N/A

Monthly Rent: $5,000

Type of Location: Commercial Office

Square Footage: 936

Summary

Reason For Sale:

Retiring - Moving Out of State

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER