30+ Year Old Asphalt Paving/Repair Company in the Vail Valley
ASKING PRICE: $890,000
LOCATION: Edwards, Colorado
GROSS REVENUE: $975,000
CASH FLOW: $297,000
EMPLOYEES: 8 Full Time
INVENTORY: $10,000 (Included in price: No)
YEAR ESTABLISHED: 1991
FFE: $825,000 (Included in price: Yes)
Live and work in the beautiful Vail Valley! Established in 1991, this Eagle County company provides quality asphalt services, including paving, striping, sealcoating, patching, crack sealing, line removal, saw-cutting, and snowplowing for commercial and residential customers. The company has invested in high quality equipment, including infrared patching. During the colder winter months, the company does snow removal, plowing and shoveling. This is a well-established company, with equipment and crews in place. With a large customer base, the company serves 90% repeat customers and continues to attract new customers. This would be an excellent business for an individual with construction management, field supervision, heavy equipment skills or an add-on to an existing business in the paving industry or an adjacent service business to this customer base.
LOCATION: Edwards, Colorado
FACILITIES:
Leased yard available, assets include all equipment and vehicles, plus inventory of spare parts and maintenance items.
COMPETITION:
Other companies do not offer the breadth of asphalt maintenance, preservation and restoration services, including infrared patching, nor so they have the repeat client list this company has built over the past 30+ years.
POTENTIAL GROWTH:
Asphalt applications are used as core infrastructure of roads, parking lots and driveways. Growth can come from adding additional services, geography served and crews/equipment.
SUPPORT & TRAINING:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
FINANCING/TERMS:
The Seller will entertain offers of varying financial and legal structures.
REASON FOR SELLING:
Retirement
LISTING ID: 202315
