38-Year Concrete & Asphalt Repair Contractor | Debt-Free Record Growth
Business Description
38-Year Concrete & Asphalt Repair Contractor | Debt-Free Record Growth
This is a rare opportunity to acquire a highly respected concrete and asphalt repair contracting business with a 38-year operating history serving commercial, municipal, and residential customers throughout Metro Detroit and Southeast Michigan.
The company provides a full range of pavement repair services, including concrete pavement, sidewalk, driveway, and curb repairs; asphalt repairs; structural concrete repairs; joint sealing and repairs; and drainage repairs — supported by a substantial company-owned equipment fleet (71 units, approximately $2.9 million in gross book cost) that eliminates reliance on rented equipment and supports reliable, in-house project execution.
Financial performance has been outstanding. Revenue grew 32.8% in the most recently completed fiscal year to $6,764,732, and momentum has continued into the current year — through the first eight months, revenue of $6,978,283 already exceeds the entire prior full year. The business carries zero long-term debt and maintains a strong cash position.
The company benefits from a diversified commercial, municipal, and residential customer base, an experienced and long-tenured workforce (including multiple Journeyman-level operators, with average tenure of over 11 years), and a favorable infrastructure-funding backdrop that continues to support demand for municipal pavement repair and rehabilitation work.
The company provides a full range of pavement repair services, including concrete pavement, sidewalk, driveway, and curb repairs; asphalt repairs; structural concrete repairs; joint sealing and repairs; and drainage repairs — supported by a substantial company-owned equipment fleet (71 units, approximately $2.9 million in gross book cost) that eliminates reliance on rented equipment and supports reliable, in-house project execution.
Financial performance has been outstanding. Revenue grew 32.8% in the most recently completed fiscal year to $6,764,732, and momentum has continued into the current year — through the first eight months, revenue of $6,978,283 already exceeds the entire prior full year. The business carries zero long-term debt and maintains a strong cash position.
The company benefits from a diversified commercial, municipal, and residential customer base, an experienced and long-tenured workforce (including multiple Journeyman-level operators, with average tenure of over 11 years), and a favorable infrastructure-funding backdrop that continues to support demand for municipal pavement repair and rehabilitation work.
About the Business
- Years in Operation
- 39
- Employees
- 17 Full-time
- Facilities & Assets
- Leased yard and building facility in the service territory; not included in the sale. Lease may be assumed or renegotiated with landlord
- Opportunities for Growth
- Municipal & Government Bidding — room to expand participation in MDOT and infrastructure-funded municipal projects as federal/state repair budgets continue flowing.
Repair & Restoration Service Expansion — grow the structural concrete, joint sealing, and drainage repair lines alongside the core concrete and asphalt repair business.
Geographic Expansion — extend the service territory
Acquisition / Roll-Up Platform — use the company's scale, equipment base, and experienced workforce as a platform to absorb smaller competitors.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,800
- Rent
- $6,500 per month
- Lease Expiration
- 1/1/2030
About the Sale
- Seller Motivation
- Owner retirement / planned ownership transition
- Transition Support
- Seller to provide a negotiable transition period (30–90 days) of training and support post-closing, plus a 3–5 year non-compete covering the market area.
Listing Info
- ID
- 2554642
- Listing Views
- 29
Listing ID: 2554642 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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