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Asphalt Sealing Biz 10% Down net $115k

Fairfield County, Connecticut

Asking Price: Gross: Cash Flow:
$280,000 $406,541 $115,609

Furniture and Fixtures Value:
$135,000 (included in the asking price)

Inventory Value:
$8,000 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
This business has been pre-qualified for a loan with buyer only needing 10% down ($28,000). Buyer would take home after paying debt service $72,000. Buyer would earn their down deposit back within 5.5 months!This is a premier asphalt maintenance company with a great track record. They provide asphalt maintenance services to businesses and residences including sealcoating, hot crack repair, and asphalt patch repairs. They are known for their high quality service and customer satisfaction with 58 5-star reviews online, and not a single poor review. They have built a blueprint that will allow any buyer to step in and start making money through our detailed customer list, proven processes layout from acquiring new customers to the end of the completed job, their blueprint for operational execution, industry knowledge, and relationships with suppliers and large repeat customers. -Buyer will make money immediately-Inherit a high-quality brand with 58 5-star reviews, industry knowledge and relationships -Growth opportunity is through the roof as we currently spend no money on active marketing-Their blueprint is easy to understand, replicate and train. This is driveway painting with nuances-They have every barrier to entry in this space: machinery, industry knowledge, and relationships. They have an answer to any question a customer or prospective buyer might have-Their financial growth YOY is consistent, and this year will finish 10-20% without implementing any growth opportunities

 
   
   
Year Business was Established: 2018
   
Number of Employees: 3 FT/2 PT  
   
Facilities / Terms of Lease: Home based.  
   
Owner willing to finance: Lender pre-screened with $28K down.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Going to work at their Dads business.  
   
This business is Home Based.  
 

 

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