Central NJ Paving Company w/ Property - 37920 Business Type: business with property available,construction special trades,equipment rental and sales ,freight moving/delivery/storage/warehousing,misc. construction/non-classifiable,misc. service/non-classifiable,construction heavy
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,600,000 | Down Payment | $2,000,000 |
| Gross Revenues | $1,554,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $592,200 | Number of FT Employees | Register Free to View |
Financing
$2,000,000 Down and Balance 600k at Prime Plus 2% for 48 months
Business Description
Near Half Century Old Renowned Paving & Trucking Company With Property In Central New Jersey
Near 50-year-old paving and trucking company now available as owner seeks immediate retirement. Widely desired 5 acre property must be purchased with the business (multiple development opportunities exist for property).
Business is thriving with incredible online reviews generating daily business inquiries. Property MUST be purchased with and in addition to the biusiness through the owner (Requested Priced for Property = $3,000,000.00).
Business Strengths
Long brand history
Reliable & experienced staff
Proactive online lead generation program
Full & complete complement of equipment
Good mix of residential & commercial work
Thousands of satisfied customers
Property generates multiple income streams
Business not property dependent
Well maintained equipment fleet
Well established contact points
Multiple property income streams
Turnkey operation
Complete list of services including:
Paving
Sealing
Pavers
Trucking
Brick Pavers
Patchwork
Road Repair
Grading
Stonework
Stone Driveways
Belgium Block
Excavating
Equipment Rentals
Equipment Storage
Truck Parking
Material Recycling
Competitive Advantages
Name
Capabilities List
Equipment Fleet
Brand History
Online Ranking
Territory
Material Recycling
Ample Steel Climate Controlled Equipment Storage
State Certified Scale House
Retail Materials Sales
Business Weaknesses
Entirely owner operated
No viable daily manager
Industry operator required
Under-utilized property
Material recycling business not leveraged
Competitive Dis-Advantages
No General Manager/Estimator
Business Opportunities
Great industry add-on
Add ancillary services
Add territory
Add staff
Develop property
Competitive Opportunities
Replicate business model in additional territories
Threats
None
For More Information Contact the Listing Broker Lee Jani 732-233-8287
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
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 us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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