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Profitable Asphalt Sealing And Coating Business For Sale

New Jersey, US
Asking Price:
On request
Sales Revenue:
$446,561 (USD)
Cash Flow:
$104,866 (USD)

This is a unique opportunity to own a well-known and growing driveway sealing and coating business that has established roots in 7 counties throughout NJ. Generating more than $530K in revenue during the 2019 season, this business has been servicing both residential and commercial customers for more than 15 years.

In 2019, the Company completed more than 1,900 jobs and approximately 50% were repeat customers from previous years. The equipment is well maintained and products used to perform the services are purchased in bulk to lower costs and increase margins.

The company uses a variety of marketing initiatives to increase business and draws from a customer database of more than 20K names. The informative website is user friendly. The company offers additional complementary services to increase sales and stop customers from going elsewhere.

The owner can step away from the business during peak times due to a well-trained and experienced office staff and a foreman who is able to handle multiple crews. The current owner wants to pursue new opportunities and is looking for the right buyer to continue the growth of the company. The current owner will provide training and transition assistance to a new owner

Property Information

Real Estate:

Lease

Location:

The company leases 1,500 sq. ft. of office and warehouse space. The 600 sq. ft. office and the 900 sq. ft. warehouse provide a great space for the company to run its daily operations. In addition, there is a large yard on site where the company vehicles are parked.

Business Operation

Expansion Potential:

The owner has identified Many areas of expansion and has a well laid out plan that he is willing to share with the buyer.

Competition / Market:

There are similar type businesses in the geographic area served.

Reasons for selling:

Owner wishes to pursue other interests in a different part of the country.

Employees:
6
Years established:
17

Other Information

Support & training:

The owner will provide training and all transition assistance to a new owner.

Contact Information

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