Asphalt Sealing and Paving Company
Idaho
| Asking Price: |
Gross: |
Cash Flow: |
| $750,000 |
$729,135 |
$213,897 |
Furniture and Fixtures Value:
$25,560 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This is a unique opportunity to own a very profitable seasonal business in a premier ski town. The business operates approximately 5 months a year, yet generates a full year of considerable income. Ownership can enjoy semi-retirement or do something different in the Winter months. That’s right, work part-time for full-time compensation. This is a well-established, well-branded asphalt maintenance company with excellent growth potential in the local market. The right ownership can use the name recognition, equipment and fantastic market potential to increase revenue and profitability. If you have customer service, sales and marketing skills, this is the right business for you. It is an extremely simple business and easy to learn. Don’t miss out on this fantastic opportunity!
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| Year
Business was Established: 1985 |
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| Number of Employees:
6 FT/2 PT |
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| Facilities / Terms of Lease:
The company’s operation is strategically located next to the airport in the heart of the service area. The 6,000 gallon bulk tank is located on the leased property. All equipment and inventory is stored securely on the property. The property is fenced and has a locking gate. The company includes four 20 ft X 8 ft storage containers. The containers are used for storage of equipment and supplies. |
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| Potential
Growth/Expansion:
The winter environment in the service area is harsh and hard on asphalt. This drives the need for maintenance more in this market than others. In addition, there has been a large surge of new full-time residents moving to this area in the past 3 years driving demand. |
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| Competition:
The company has the lion’s share of the market it serves. It has 3 small competitors. Competitors have a history of entering and exiting the market in a short period of time. This company enjoys a strategic advantage in that it is the only company who owns a bulk tank for sealcoat. This allows the company to buy product in bulk and delivered at a lower price than its competition. All 3 of the smaller competitors are required to drive 150 miles round trip to the supplier every time they need to get more product. This adds cost to their operation and is less efficient in terms of serving the market. However, there is no shortage of work for all who currently operate in this market. |
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| Reason for selling:
Owner wants to focus on his other business venture. |
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| REQUEST MORE INFO |
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