Blacktop Sealing and Repair Business for Sale in Buffalo
Price Reduced! The owner wants to sell before the upcoming season and move on to retirement.
The company’s services include blacktop sealing (squeegee machine method, not spraying), hot asphalt crack filling, asphalt repair & patchwork, sand slurry applications, striping and tennis court coatings.
Profitable and seasonal asphalt sealing and maintenance company caters to commercial clients in the Western New York area. The company has been in business over 25 years and has an impeccable reputation for cost effective quality work. The company’s services include blacktop sealing (squeegee machine method, not spraying), hot asphalt crack filling, asphalt repair & patchwork, sand slurry applications, striping and tennis court coatings. The seller maintains meticulous records about the customers parking lots and routinely sends mailers about repairs and resealing. The seller’s discretionary earnings are approximately $110,000 on $383,000 of revenue. Approximately 56% of the customers are recurring long time clients with projects already scheduled for the 2020 season. All the equipment has been cleaned and serviced for the upcoming season.
Equipment and vehicles are available for $107,000 but not included in the asking price.
Owner desires to stay with the company as a sales consultant, or operations consultant or both. Remuneration and terms are negotiable.
Key financial facts and forecast
Cash flow is a healthy $110,000 on $383,000 or revenue. The business has no debt and customers already scheduled for the 2020 season.
Reason for selling
Required buyer qualifications
Buyer should have experience operating a service business and the required funds.
Category: Business | Blacktop sealing and repair
Located in Buffalo, New York, US