Asphalt Paving Business, Washington: Highly Profitable
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Asking Price
$1,700,000
Detailed Information
Western WA, Washington, US
Not Provided
NA
Business Description
This Washington state company specializes in asphalt paving, decorative stamping, driveway paving, patching, and seal coating. With nearly 20 years of operation, the business is highly profitable, generating over $650,000 in revenue that can be passed on to a new owner. Despite a 5-month completion timeline due to high demand, customers are willing to wait for the quality service provided by the company. The business has strong relationships with suppliers, customers, and regional businesses, focusing on serving homeowners and businesses in need of asphalt paving products. In 2023, the company achieved a total revenue of $2,095,441 with discretionary earnings of $546,695. While real estate is not part of the purchase, it can be bought separately at its appraised value. The current owner works for 8 months of the year due to weather conditions but a new owner could potentially operate year-round, noting the impact of rain on work quality. The company's marketing strategy revolves around repeat business,