Pavement Repair and Sealcoating Service with Mixed Work
Business Description
ESTABLISHED PAVEMENT SERVICES COMPANY - CHICAGO MARKET
This well-established pavement maintenance and repair company has served the Chicago market since 2013, generating $880,000 in annual revenue with $175,000 in Seller's Discretionary Earnings. The business operates from a 2,900 square foot leased facility and maintains a comprehensive service portfolio combining preventive maintenance with corrective repair solutions.
SERVICE CAPABILITIES:
The company specializes in residential and small commercial pavement services, including professional sealcoating applications, crack routing and sealing, pothole patching, and strategic cut-out repairs. This diversified service mix creates multiple revenue streams through both project-based repair work and recurring maintenance contracts.
OPERATIONAL STRUCTURE:
The business employs nine total personnel (seven full-time, two part-time) with established crew leadership and operational protocols. Equipment inventory is strategically sized for target market segments, maintaining operational efficiency while controlling overhead expenses. The current owner manages client relationships, project estimation, and scheduling, while experienced lead technicians oversee daily operations and field decision-making.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $880,000
- Seller's Discretionary Earnings: $175,000
- Asking Price: $435,000
- Equipment & Fixtures: $128,000
- Inventory: $16,000
MARKET POSITION:
The company has developed a reputation for technical assessment capabilities and customized service recommendations rather than standardized applications. This approach has established a loyal customer base across residential driveways, small parking facilities, and private roadway projects.
OWNERSHIP TRANSITION:
The seller is retiring after building this profitable operation over eleven years. The business offers an ideal opportunity for an experienced operator seeking an established company with proven systems, trained personnel, and diversified revenue streams in the growing pavement maintenance sector.
This acquisition represents a turnkey opportunity in a stable, recession-resistant industry with strong recurring revenue potential and established market presence.
This well-established pavement maintenance and repair company has served the Chicago market since 2013, generating $880,000 in annual revenue with $175,000 in Seller's Discretionary Earnings. The business operates from a 2,900 square foot leased facility and maintains a comprehensive service portfolio combining preventive maintenance with corrective repair solutions.
SERVICE CAPABILITIES:
The company specializes in residential and small commercial pavement services, including professional sealcoating applications, crack routing and sealing, pothole patching, and strategic cut-out repairs. This diversified service mix creates multiple revenue streams through both project-based repair work and recurring maintenance contracts.
OPERATIONAL STRUCTURE:
The business employs nine total personnel (seven full-time, two part-time) with established crew leadership and operational protocols. Equipment inventory is strategically sized for target market segments, maintaining operational efficiency while controlling overhead expenses. The current owner manages client relationships, project estimation, and scheduling, while experienced lead technicians oversee daily operations and field decision-making.
FINANCIAL HIGHLIGHTS:
- Annual Revenue: $880,000
- Seller's Discretionary Earnings: $175,000
- Asking Price: $435,000
- Equipment & Fixtures: $128,000
- Inventory: $16,000
MARKET POSITION:
The company has developed a reputation for technical assessment capabilities and customized service recommendations rather than standardized applications. This approach has established a loyal customer base across residential driveways, small parking facilities, and private roadway projects.
OWNERSHIP TRANSITION:
The seller is retiring after building this profitable operation over eleven years. The business offers an ideal opportunity for an experienced operator seeking an established company with proven systems, trained personnel, and diversified revenue streams in the growing pavement maintenance sector.
This acquisition represents a turnkey opportunity in a stable, recession-resistant industry with strong recurring revenue potential and established market presence.
About the Business
- Years in Operation
- 13
- Employees
- 9 (7 Full-time, 2 Part-time)
- Facilities & Assets
- 2,900 sq ft facility with two bays, small yard, and office space. Includes a main sealcoat rig, secondary unit, patching tools, compactors, crack-melt kettles, blowers, sprayers, and three vehicles (FF&E ~ $128K). Inventory around $16K in sealer, patch mix, crack filler, and aggregates positioned for quick turnaround on jobs.
- Market Outlook / Competition
- Operates in a mixed residential and small commercial market where weather and traffic steadily wear out pavement. Some competitors focus solely on sealcoating and minimal prep; this company wins work from customers who want both repairs and maintenance handled properly by one provider.
- Opportunities for Growth
- A new owner could add a dedicated patch crew during shoulder seasons, target more small commercial owners (medical, retail, small office), or create fixed-price “drive lane and small lot” packages to simplify selling and scheduling.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,900
About the Sale
- Seller Motivation
- Owner Is Retiring
- Transition Support
- Seller will provide 45–60 days of transition, including estimating for repair vs. maintenance work, project planning, and vendor/plant introductions, plus limited follow-up support by phone.
Listing Info
- ID
- 2458940
- Listing Views
Listing ID: 2458940 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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