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Business for Sale Summary

Paving and Sealcoating Business-Suffolk County, NY - 30117

Business Type: landscaping & yard services,misc. servicel/non-classifiable,other business services,repair services,misc. construction/non-classifiable,best deals!,new to market,seller financing available,special trades
Owner Financing
Paving and Sealcoating Business-Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $715,000 Down Payment $500,000
Gross Revenues $1,431,641 Lease Remaining Register Free to View
Owner’s Cash Flow $222,638 Number of FT Employees Register Free to View

Financing

$500,000 Down and $165K over 4 yrs. @ 6%.

Business Description

Paving and sealcoating business for sale- established 50 years. The owner's father started this business, and he has been in the business since he has 15 yrs. old. He is seeking a change of pace. The business is still very strong. They specialize in commercial/industrial and residential asphalt paving, sealing and maintenance. Fully-licensed and insured, they offer new paving, repairs, seal coating and striping, in both commercial and residential areas. They are a member of the better business bureau, with an A rating. They mainly service Suffolk County. Between 70 and 75% of business is repeat work. They do not spend a dollar on advertising. In the past year, the business grossed approx. $1,431,641.00, with a cash flow of approx. $222,638.00. They have well-documented financials, and P&L's can be provided as part of due diligence. This deal includes approx. $351,000.00 in heavy equipment. The seller will stay on for a lengthy training and transition period to help the new owner. This is ideal for an owner-operator, or as an ad- on to an existing commercial, industrial or residential construction business. We are seeking a serious and financially-qualified buyer with at least $550K in liquid funds to cover the downpayment. To learn more, please call Mel Vaz today at 1-877-735-5224. All meetings must be scheduled by appointment only.

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. kg

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.