Asphalt Repair, Resurfacing and Restriping - FURTHER REDUCED!

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Business Description

Long established and profitable, this competition free business completes 200+ local jobs during the six month only season from April to October. The company employs up to five employees and two managers based out of the resort town of Sun Valley, Idaho. Over $100,000 worth of jobs already booked for 2018 and 2019.

Serving the greater Wood River Valley, with a 80% reoccurring client base, the company resurfaces residential and commercial parking lots on a three to five year cycle. Most of the work is bid contract, computed very simply on a cost by square foot basis. The company maintains a large and well serviced fleet of all necessary equipment and supporting tools to handle any type of asphalt only surface work. Work is fully scheduled through the 2017 season with anticipated gross revenue of approximately $280,000 due to cold, long spring and early cold fall.

About the Business

Growth & Expansion:
Created as a "off season income supplement" for two individuals involved in ski instruction, this highly respected company would fit the lifestyle of a winter recreationalist or a snowbird. Management will transition as needed, and would be open to continue management services for a couple of seasons. A part time office bookkeeper desires to remain with the company after the sale. Although the office is closed in the winter, some scheduling work is conducted by long distance and computer. Excellent growth potential for the new owner by adding year-round surface maintenance management, snow removal, etc.
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About the Sale

Cash Flow Comments:
EBITDA: $171,956

Listing Info

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Business Listed by

Randy Limani

Arthur Berry & Company
License# DB9370

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