High-Margin Asphalt Repair, Paving, Concrete Business - Chicago area

Asking Price$575,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$962,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Commercial Sealcoating and Repairs
Commercial Paving
Residential Sealcoating
Commercial Sealcoating and Repairs
Commercial Paving
Save1/3

High-Margin Asphalt Repair, Paving, Concrete Business - Chicago area


Asking Price$575,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$962,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
A solid, diversified, well-run gem of a business!

For 35 years, we have specialized in paving, concrete, asphalt repair, pothole repair, sealcoating, striping, powerwashing, and deck maintenance. We continuously provide unique maintenance solutions that are cost effective. We understand that quality products and quality work are crucial to both our commercial and residential customers.

Our mission is to provide the finest products available, the latest in paving and concrete application processes. We are committed to quick turnaround with price estimates, scheduling, customer service and communication, and completing our projects on time.

Financial Health:
Unlike paving-only companies, this business diversifies with high-margin maintenance and repair market and is a low capital-intensive, high-margin business.
A diversified 90% commercial and 10% residential mix ensures year round stability and loyal, recurring customer base.
Long standing supplier relationships provide significant pricing power and we have had a 55%
closing ratio on quotes.
Due to volume of business and existing supplier relationships, material costs have remained stable.

Operational Strengths:
Our business is turn-key and full service with a small number of competitors.
Owner will provide comprehensive training and support to ensure a seamless handoff.
An expert foreman handles all on-site project management and material sourcing, allowing for a smooth ownership transition.
Since 1991, this business has had an impeccable reputation for commercial and residential asphalt services with high customer retention and a very experienced, adaptive crew.
In our marketplace, we have an excellent market reputation (4.8 Google rating), and long-standing repeat customers.
Our portfolio is diversified with commercial and residential asphalt maintenance, new asphalt (paving), and new concrete.
Operationally, we are strong with CRM and scheduling software in place (Jobber) that supports strong data mining, easy scheduling, and robust customer communication.

Growth Opportunities:
As the business has achieved consistent annual growth with minimal marketing, there is huge potential for growth of existing services.
There is current opportunity to grow revenue with targeted digital marketing with and cross selling strategy of various services to long term customers. There is also potential for new service offerings during the winter off-season (pavers, winter snow removal, epoxy application) to be added seamlessly with our employees’ skill set.

Asking price: $575,000
Gross Revenue: $962,000
Cash Flow (SDE): $192,000
Open to conversation regarding seller financing arrangement
About the Business
Years in Operation
35
Employees
6 (3 Full-time, 3 Part-time)
Seasonal employees
Currently Home Based
Yes
Website
https://amsealco.com/
Market Outlook / Competition
Unlike paving only companies, this business diversifies with high-margin maintenance and repair market
Low capital-intensive, high-margin business
A diversified 90% commercial and 10% residential mix ensures stability and loyal, recurring customer base
55% quote closing ratio
Due to volume of business and existing supplier relationships, material costs have remained stable
Excellent market reputation (4.8 Google Review), and loyal customers
Diversified portfolio - commercial and residential asphalt maintenance, new asphalt (paving), and concrete
Opportunities for Growth
Growth opportunity with targeted digital marketing (GoogleAds) and cross selling to long term customers
Potential for new service offerings during current off-season (pavers, winter snow removal, epoxy application) to be added seamlessly with our employees' skill set
As the business has achieved consistent annual growth with minimal marketing, there is huge potential for growth of existing services and cross selling
Opportunity for growth in new locations
About the Sale
Seller Motivation
Spend more time with family.
Transition Support
Turn-key, full service business with a small number of competitors
Owner will provide comprehensive training and support to ensure a seamless handoff
Expert foreman handles all on-site project management and material sourcing, allowing a smooth ownership transition
CRM and scheduling software supports strong data mining, easy scheduling, and customer communication
Listing Info
ID
2469348
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Dhiraj Ray

Listing ID: 2469348 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Wet & Set Joing Tape
$250,000Wet & Set Joing TapeLake County, IL
Archadeck Outdoor Living
$200,000Archadeck Outdoor LivingFeatured Franchise