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Asphalt Seal Coating

New Listing 

$395,000.00

  • Featured Listing : No
  • File No. : C2511
  • Location : Home Based
  • Down Payment Option : $195,000 (or SBA w/20% down possible)
  • Monthly Payment : $2,826.75
  • Financing Interest Rate : 5%
  • Financing Period : 84 months & balloon in 60 months
  • Gross Sales : $476,770
  • Source of Financial Info : 2018 Tax Return
  • Cash Flow : $146,658
  • Total Inventory : $7,000 approx.
  • Days Open : 7 days
  • Hours of Operation : 6:30am-6:00pm
  • Parking : NA
  • License Requirement : NA
  • Year Established : 2009
  • Year Acquired : 2009
  • Monthly Rent : NA
  • Real Estate Price : NA
  • Real Estate Purchase Terms : NA

This is a great opportunity to own a very successful seasonal sealcoating company. The business was established almost 11 years ago and has been owned by the same owner ever since. The company does about 60% of its business for residential accounts and about 40% commercial. Both residential jobs and commercial jobs can be increased dramatically as there is a shortage of sealcoat companies in the state. The company also does hot and cold patch service, sealing and striping along with maintenance. The company comes with a database of approximately 3400 person and company customers. The company starts their work season May 1 and ends October 31 every year. Cash flow for a six-month work season is tremendous with great potential of increasing the business even more. All equipment that comes with the business is newer, nothing older than 2015 including the trucks. There is a high probability SBA financing to a qualified buyer with 20% down from a qualified and approved buyer subject to SBA rules and regulations.

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