FINANCIAL PERFORMANCE OVERVIEW

This established pavement repair and sealcoating company generates $860,000 in annual revenue with $175,000 Seller's Discretionary Earnings, representing a solid 20.3% SDE margin. Operating since 2012 (12+ years), the business demonstrates consistent market presence in Glen Allen's Davis County market.

OPERATIONAL METRICS

• Workforce: 10 total employees (8 full-time, 2 part-time)
• Facility: 3,000 sq ft leased operations center
• Asset Base: $135,000 in furniture, fixtures & equipment plus $15,000 inventory
• Revenue per Employee: $86,000 annually
• Asset Turnover Ratio: 5.7x (Revenue/FF&E)

SERVICE MIX & REVENUE DIVERSIFICATION

The company operates a dual-revenue model combining:
- One-time repair services (crack repair, pothole patching, asphalt replacement)
- Recurring maintenance contracts (sealcoating cycles)

This diversified approach creates both immediate project revenue and predictable recurring income streams, reducing seasonal volatility common in construction services.

MARKET POSITIONING

Targeting residential and small commercial segments with equipment scaled for efficient small-job production. The "beyond spray and go" service model commands premium pricing through comprehensive pavement assessment and tailored solutions.

OPERATIONAL STRUCTURE

Owner manages estimates and project planning while trained foremen oversee field operations, creating scalable management systems. Current asking price of $430,000 represents 2.46x SDE multiple, positioning favorably within industry acquisition metrics.

GROWTH FACTORS

• Established 12-year operational history
• Trained crew capabilities
• Equipment sized for target market efficiency
• Mixed service portfolio reduces revenue concentration risk
• Owner retirement creates acquisition opportunity

This data-driven opportunity offers measurable cash flow, established systems, and market-tested service delivery for analytical buyers seeking construction industry exposure with demonstrated financial performance.