Profitable, Well-Established Asphalt Maintenance Company
Business Description
Founded in 2012, this paving and surface services company has built a reputation across Northern Illinois and Southern Wisconsin for reliability and quality. The business delivers a wide range of services including sealcoating, crack filling, pothole repair, infrared repair, striping, marking, paving, snow removal, and salting. With over eight W-2 employees and a consistent commercial and residential customer base, it has established long-term relationships that contribute to steady revenue. Annual revenue surpassed $1 million in 2024, supported by a three-year average SDE of $180,000. The company’s diversified service offerings and established workforce provide stability, while its solid reputation makes it a trusted provider within its region.
About the Business
- Years in Operation
- 13
- Facilities & Assets
- The business operates from a 10,450 sq. ft. building situated on nearly 2 acres with partial fencing. The property is owned and may be included in the sale depending on buyer preference, though it is not part of the asking price. The site generates $2,000 in monthly rental income and contains a truck hoist, forklift, toolboxes, benches, office equipment, and a 45-foot shipping container with electric and shelving. Equipment, tools, and vehicles valued at approximately $260,000 are included. Fuel tanks and a 6,000-gallon SealMaster bulk tank are leased.
- Market Outlook / Competition
- The business serves both commercial and residential customers across Northern Illinois and Southern Wisconsin. While 80% of jobs come from residential clients, 80% of revenue is generated from commercial accounts. Competitors exist in the market, but many do not offer infrared repair services, providing a competitive edge. The company’s reputation, trained staff, and comprehensive service offerings strengthen its standing.
- Opportunities for Growth
- Growth opportunities include pursuing additional commercial contracts, increasing marketing efforts, and implementing new operational systems. The business is well-positioned for expansion with a strong customer base and the ability to broaden its presence in both markets.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 10,450
About the Sale
- Seller Motivation
- The owner is seeking retirement and wishes to transition the company to a buyer
- Transition Support
- The current owner is committed to ensuring a smooth transition and is willing to stay on for several years if needed, up to four, to support the buyer. A general manager is already in place overseeing daily operations, and the owner currently handles administrative work, estimates, and oversight of projects.
Listing Info
- ID
- 2405116
- Listing Views
- 219
Listing ID: 2405116 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.
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