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38-Year Concrete & Asphalt Repair Contractor Debt-Free Record Growth

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Building & Construction Businesses for Sale

  • Primary Category: Concrete Businesses for Sale

This is a rare opportunity to acquire a highly respected concrete and asphalt repair contracting business with a 38-year operating history serving commercial, municipal, and residential customers throughout Metro Detroit and Southeast Michigan.
The company provides a full range of pavement repair services, including concrete pavement, sidewalk, driveway, and curb repairs; asphalt repairs; structural concrete repairs; joint sealing and repairs; and drainage repairs — supported by a substantial company-owned equipment fleet (71 units, approximately $2.9 million in gross book cost) that eliminates reliance on rented equipment and supports reliable, in-house project execution.
Financial performance has been outstanding. Revenue grew 32.8% in the most recently completed fiscal year to $6,764,732, and momentum has continued into the current year — through the first eight months, revenue of $6,978,283 already exceeds the entire prior full year. The business carries zero long-term debt and maintains a strong cash position.
The company benefits from a diversified commercial, municipal, and residential customer base, an experienced and long-tenured workforce (including multiple Journeyman-level operators, with average tenure of over 11 years), and a favorable infrastructure-funding backdrop that continues to support demand for municipal pavement repair and rehabilitation work.

Financial Information

  • N/A Asking Price
  • $2,677,677 Cash Flow
  • $6,978,283 Gross Revenue
  • N/A Down Payment
  • $2,557,261 Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Michigan

Reason for Sale

  • Owner retirement / planned ownership transition

Detailed information

  • Year Established: 1987
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 17
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 15
  • Inventory Included: Yes
  • Inventory Value: N/A
  • Monthly Rent: $6,500
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 5800
  • FF&E Included?: Yes
  • FF&E Value: $2,900,000

Training/Support

  • Seller to provide a negotiable transition period (30–90 days) of training and support post-closing, plus a 3–5 year non-compete covering the market area.

Facilities

  • Leased yard and building facility in the service territory; not included in the sale. Lease may be assumed or renegotiated with landlord

Real Estate Description

  • A leased yard and building facility located in the general service territory It includes both an enclosed 5,800 Square Foot building and a large outdoor yard used for truck parking and materials/equipment storage — consistent with the 71-unit fleet (trucks, heavy equipment, trailers, arrow boards) and materials the business runs.
Business Listed by
image of Art Crosby
Art Crosby
Sunbelt of Greater Detroit
Email Art
Show Phone Number
Listing ID
GREDETMI001-59930

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