Asking Price: $650,000

Gross Revenue: $1,200,000

Gross Revenue Comments: Income as reported on tax returns only.

Cash Flow: $300,000

Cash Flow Comments: EBITDA AFTER owners' salaries etc.

Inventory: $1,000 (Included in Asking Price)

FF&E: $5,000 (Included in Asking Price)

Seller Financing: Some subordinated seller financing and agreement to rent operating facilities is possible.

Two sone of the founder of this 60+ year old business have been with the company their entire working careers and now physical limitations and a desire to retire in Florida creat a strong compunction to sell.This mniche paving company has its choice of contracts in affluent Philadelphia suburbs with 90% repeat business. Owners do not work on weekends, have only one crew, and take off from Dec-Mar. Great prospect for immediate 50% increase in sales and profits.

Year Established: 1946

Employees: 12 full time - 2 part time

Facilities: Office, workshop, garage and equipment storage lot owned by family trust. Competetive rental terms with buy option offered.

Market Outlook and Competition: Institutional, municipal, and U.S. Government customers repaet year-after-year.Owners turn away business because they do not want to increase in size or work schedule. Minority or female owner can expect preferential contract treatment from City and State.

Management Training and Support: Owners will agree to stay as salaried employees for areasonable length of time to mentor new owner and maintain continuity with customers

Reason For Selling: Family health issues, strong desire to retire. They have been in the business all of their lives and now want remaining time with their families