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.
The business is sought after by local contractors, municipalities and commercial businesses and commercial/municipal business accounts for approximately 75% of revenue. The business operates from a 6,000 +/- sq ft building situated on 3.31 +/- acres (not included in asking price). Seller will lease or sale the real estate.
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.
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.
Financial Information
$3,490,000
Asking Price
$944,442
Cash Flow
$2,711,192
Gross Revenue
N/A
Down Payment
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
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 6000
FF&E Included?: Yes
FF&E Value: N/A
Training/Support
Seller willing to assist with training in order to establish an orderly turnover.