Profitable Paving Biz w/ RE for Lease or Purchase
ASKING PRICE: $2,500,000
LOCATION: Lafayette, Colorado
GROSS REVENUE: $4,624,059
CASH FLOW: $1,037,560
EMPLOYEES: 20 Full-time and 2 Part-time
(Included in price: Yes)
YEAR ESTABLISHED: 1985
(Included in price: Yes)
This Company primarily provides asphalt and concrete paving services and related maintenance services, such as crack sealing, striping, parking blocks and signage. During the colder winter months, the company does snow removal, plowing, shoveling and moving large snow piles with loaders and dump trucks, and applies sand and ice melt products. The Company operates on a family-owned property, which is available separately for sale or lease. This is a well-established company located in Boulder County, with equipment (over $1M at original cost) and crews in place. The Company has a proven track record, supported by over 30 years of building a loyal customer base and reputation for quality work. With generally more business opportunities than they can serve, the Company’s marketing efforts focus on its website, Google AdWords and customer referrals. Revenues have been increasing due to the Company’s strong reputation. With a large customer base, the Company continues to attract new customers while maintaining its reputation with repeat residential customers, HOA’s, schools and commercial properties. This company would be an excellent business for an individual with business development and field management skills or an add-on to a business in the paving industry or an adjacent service that serves this customer base.
The Company operates out of and stores heavy equipment & machinery on a 1.5 acre property with an office building, fenced yard and security cameras. The real estate is available separately for sale or lease with the purchase of the business.
The company differentiates itself by providing top quality work at fair prices, and focusing on retail, residential and commercial projects that allows consistent work throughout the majority of the year. Snow removal fills in the winter months keeping the company’s reputation as a one stop shop for its many repeat customers.
Paving and asphalt/concrete maintenance is a sustainable industry with residential, commercial and municipal segments always needing work no matter the economic cycle. Potential opportunities exist to expand the geography served and services offered.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
The Seller will entertain offers of varying financial and legal structures.