Established Asphalt Sealcoating Business - Highly Profitable

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Industry Leaders in Profitability - NW Chicago Suburbs
Asking Price:
$239,000

Gross Revenue:
$506,000
Cash Flow:
$148,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Established in 1991, our asphalt sealcoating business services the north and northwest suburbs of Chicago. We are excited to present you with this opportunity to step into the ownership role of a well established company, that has a 25+ year history of incredible financial results. This business is ideal for individuals looking to operate an already HIGHLY PROFITABLE business. This is a turn-key operation that brings in $150,000 in PROFIT in a 7 month season (April through October). Specific business details regarding profitability, operations, and marketing strategies will be shared upon inquiry with qualified potential buyers.

Contact: Aaron ----- Email: adkahn1@gmail.com

About the Business

Location:
Wheeling, Illinois
Year Established:
1991
Number of Employees:
4
Franchise:
Yes
Real Estate:
Leased
Facilities:
Included in the sales price are all physical assets, supplies, and inventory at the time of sale. A detailed list can be provided upon request. A general description of the assets include: The 2 sealcoating trucks, 3 pick up trucks, 2 striping machines, power sweeper, 6 portable crack melters, 20 foot walk-in storage container, 6,000 gallon sealer storage tank, job site cleaning equipment, computers, client database with 25+ years of client records and pricing, etc.
Market Outlook/
Competition:
The Chicago market benefits from a variety of factors, including large public budgets for sealcoating expenditures, a large pool of wealthy clientele, and an ideal geographic region to commence operations. The services we perform include: sealcoating (residential and commercial), crack repair, pothole repair, and parking lot striping. We have created a niche in this market by providing customers with quality that is unrivaled by our peers. Our reputation has earned us 'Preferred Contractor' status by the largest supplier in the northwest Chicago suburbs.
Growth & Expansion:
As a result of the high quality of services we provide, there has been a significant increase in demand and profitability. The demand for our services is very high relative to our peers. We are in excellent financial standing with our suppliers, thus, giving us preferred pricing on our materials and equipment. Specific details on growth and expansion of this business will be shown to perspective buyers.
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About the Sale

Reason For Selling:
The owner has minor health issues and wishes to retire and move out of state.
Training/Support:
To ensure the success of the business, the owner is willing to stay on and help the buyer (at their request). Owner will train the buyer on all aspects of the business until the buyer is substantially prepared to run operations. Owner will also introduce buyer to larger suppliers and major clients to make sure important relationships are maintained in the transition.
Seller Financing:
The owner is open to discuss reasonable financing options with the buyer.

Listing Info

ID:
1386718
Ad Detail Views:
1220

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Business Listed by
Aaron

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