Asphalt & Masonry Company - Over 40 Years Established
Location:
United States
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New York
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All of New York
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Suffolk County
Industry: Business Services > Construction
Business Summary
$299,000 takes all - Equipment included! This is a great opportunity to own a successful full service Asphalt and Masonry company! This well established company has been servicing the Long Island area since 1965 and is a well respected company known for dependability and outstanding quality! Being profitable and established this well run company is grossing over $500K and an average net over $150K every year! All together these facts make this a perfect acquisition opportunity! This business also has a great amount of equipment and machinery that is all in great working condition. The machinery and equipment are included in the sale price! Don't miss out on a great company with an outstanding track record.
Real Estate: Will listen to offers, but not included in sale price.
Facilities: This asphalt company operates from 3/4 acre yard with two trailer offices. Lease Term / Length is open at a rent of $2200 per month currently – 3% annual increase each year. The equipment that is included in the sale price is 4 Dump trucks (one Tri Axle, one 10 Wheel, one 6 wheel, one F450 dump body), one utility truck, 2 Rollers, 1 spreader, 4 trailers, 1 backhoe, 1 skid steer, 2 mixers, 1 tow behind compressor, all assorted tools and equipment as well.
Growth and Expansion: Right now this company really is only doing work in their immediate area. Which is a one-two town radius. On Long Island, there is the availability to go into all areas with relative ease. One of the best ways to increase business is to expand the territory and advertise outside area. Having an increase in territory will most obviously increase revenue. All equipment and man power are in place to do so. Contact for more information on this Asphalt & Masonry business for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$500,814
Cash Flow:
$178,214
Cash Flow Type: Sellers Discretionary Cash
Inventory: $250,000
Seller Financing: Yes
About The Business
Year Established: 1965
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Seller will provide support and training for as long as needed.
Reason For Selling: Retirement.
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Click on the "I'm Interested" button above for more information on this Business Services > Construction business for sale.
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Print Listing Id: 700100269
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