Great opportunity to purchase a very profitable well managed Asphalt Maintenance company. The company is located near the Cook County Area and within the Chicagoland area. For over 20 years this family-owned company has been providing high-quality asphalt maintenance services to its customers.

Services provided:
Full-Service Asphalt Maintenance
Asphalt Paving & Repair
Sealcoating
Hot Pour Crack Filling
Line Striping & Traffic Markings
Catch Basin / Sewer Installation, Repair & Drainage

Highlights: Business Mix & Average Job Size
Repeat vs. new clients:
~80% repeat / 20% new annually
Commercial vs. residential:
~90% commercial / 10% residential

Commercial breakdown
~70% property mgmt. / HOA, ~20% municipal, ~10% private
Average job size (revenue)
$12,952
Note: 80% repeat business concentrated in property/HOA management is provides consistent recurring revenue.

The company has over a dozen hard working skilled workers with low turnover. The company has key employees that assist ownership at a high level. Ownership is willing to stay on to assist in the transition. Ownership may be willing to stay on full time after the transition depending on the need and situation.

Current lease for office space and outdoor space. Reasonable lease rate at under $3,000 per month. This gives the new owner with sufficient office space and indoor and outdoor storage.

With revenues over $5 million and an SDE consistently above $2 million. This is a great opportunity for someone looking to expand a current operation, diversifying a current construction or maintenance company that has no exposure to the asphalt industry, or for someone looking to exit Corporate America.

Based on the consistent SDE, absentee ownership possibility, strong management, strong repeat revenue, mostly commercial clients, very limited to no marketing needed, this is a great opportunity for the new buyer. Owners are open to seller financing for up to 10% of the selling price depending on the offer and subject to ownership approval.

The firm keeps all equipment and vehicles in good condition. The current equipment in place will give the new owners an opportunity to support future growth of 10 to 25 % without the need to purchase additional equipment.