Established, Profitable, Family-Owned Paving Business ~ Central/SW Va

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Personal Service Businesses for Sale

  • Primary Category: Construction Businesses for Sale

Incredible opportunity to own a profitable, reputable, paving business that has served Central/Southwest Virginia for nearly 70 years. The business has been owned and operated by the same family and maintains a positive reputation for quality workmanship while also cultivating a loyal customer base and generating significant revenue through repeat business and referrals.

For more information on this listing, contact: Mike Keen at (540) 777-1585 or [email protected] We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email to discover the difference with Sunbelt Business Brokers of Roanoke & Lynchburg.

The business is sought after by local contractors, municipalities and commercial businesses and commercial/municipal business accounts for approximately 75% of revenue. The asking price includes a 6,000 +/- sq ft building situated on 3.31 +/- acres as well as many materials needed. The business also has the opportunity to add revenue streams such as residential work.

The owner is retiring and would like to pass the torch to someone who can carry on the legacy of the business by taking care of its customers and employees. The owner is willing to assist with training for a smooth transition. Currently the paving business is estimated to be a $30B industry.

Financial Information

  • $4,500,000 Asking Price
  • $662,900 Cash Flow
  • $1,919,908 Gross Revenue

Business Location

  • City: Confidential
  • State: Virginia

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1955
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $0
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $0
  • Building Size: 6000
  • FF&E Included?: Yes
  • FF&E Value: $0

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Business Listed by Sunbelt of Roanoke and Lynchburg
Contact
Mike Keen
Call Listing Broker (540) 777-1585
Listing ID
ROANOVA001-52050
Office Phone (540) 777-1585