Established Asphalt Contractor
Business Description
Headquartered in California, the Company is a paving contractor specializing in a wide range of asphalt services, including grading, paving, striping, seal coating, and crack filling. Serving both commercial and residential customers, the Company focuses on enhancing the durability and appearance of parking lots, driveways, and private roads while maintaining a strong commitment to quality, attention to detail, and customer satisfaction.
The Business maintains a well-balanced customer base, with approximately 90% of its projects dedicated to commercial properties and the other 10% to residential customers. This diverse portfolio enables the Company to meet a broad range of needs, from large-scale commercial developments to smaller residential projects.
Positioned for future growth, the Company has opportunities to expand into government contracts, secure more recurring agreements, and enhance its digital advertising efforts.
The current ownership is seeking to transition into retirement but is open to remaining in a limited role to ensure a smooth transition for new ownership. The Business is supported by a general manager with over 15 years of experience in the paving industry who oversees all project management, as well as an office administrator handling administrative tasks. Both key employees are expected to stay on post-transaction to provide continued support to new ownership.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST.
The Business maintains a well-balanced customer base, with approximately 90% of its projects dedicated to commercial properties and the other 10% to residential customers. This diverse portfolio enables the Company to meet a broad range of needs, from large-scale commercial developments to smaller residential projects.
Positioned for future growth, the Company has opportunities to expand into government contracts, secure more recurring agreements, and enhance its digital advertising efforts.
The current ownership is seeking to transition into retirement but is open to remaining in a limited role to ensure a smooth transition for new ownership. The Business is supported by a general manager with over 15 years of experience in the paving industry who oversees all project management, as well as an office administrator handling administrative tasks. Both key employees are expected to stay on post-transaction to provide continued support to new ownership.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST.
About the Business
- Employees
- 16
- Currently Relocatable
- Yes
- Facilities & Assets
- The Company operates out of one primary facility constructed in 1990. The facility features dedicated office space and a warehouse with three drive-in doors and two dock doors, efficiently separating administrative and operational functions while accommodating its fleet of paving equipment and trucks.
- Market Outlook / Competition
- Investment Highlights Include:
1. Long-Term Repeat Customers
2. Expansive Backlog
3. Updated and Environmentally Compliant Equipment - Opportunities for Growth
- Growth Opportunities Include:
1. Expanding Into Government Jobs
2. Establishing Recurring Contracts
3. Improving Digital Advertising
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,500
About the Sale
- Seller Motivation
- Ownership is pursuing retirement.
- Transition Support
- Ownership is willing to stay on for a limited period to provide training and support.
- Financing Options
- Limited Seller-Financing Available for Qualified Buyers.
Listing Info
- ID
- 2319433
- Listing Views
- 1517
Listing ID: 2319433 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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