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.
Asking Price: $219,000 Gross Revenue: $319,932Cash Flow: Not DisclosedEBITDA: $142,649Inventory: Not Disclosed FF&E: $153,890 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Asphalt Repair, Resurfacing and Restriping - FURTHER REDUCED!
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