Broker Name:Darlene Lutzow
Broker Email:[email protected]
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REDUCED! Paving & Sealcoat Business
(Construction, Paving)
IL, IL
Listed Price: $ 650,000
Listing ID: 18030

Listing DetailsForm of Ownership: S Corp
Reason for Sale:

Retirement

 


Training & Support:

Will provide necessary training & support to ensure a smooth transition


OperationsYear Established: 1968
Days & Hours of Operation: closed Dec-Feb
Employees: 14
Managers: 1
Absentee Owner: No
LocationLease Expire: 0000-00-00
Facilities:

construction trailer & pole barn may be available for lease


SummaryBusiness Description:

This business was established nearly 30 years ago and has a reputation for quality work at fair prices.  This non-union shop has a good mix of experienced long-time employees and young able-bodied laborers. All would like to stay on with new owner.

 

Illinois weather is very hard on concrete and asphalt and provides a great opportunity for steady business.  Commercial work accounts for over 20% of profits and includes resurfacing , removal & replacement of parking lots, and maintenance such as sealcoating, lining, crack filling.  They also work on new construction and developments, apartment buildings, strip centers, shopping centers and business centers.   80% of profits come from residential driveway replacement. 

 

The business includes all equipment that would be needed to continue as a successful business and is well maintained and in good working order. 

 

The office is very efficient and well run.  The Office manager  is willing to stay with new owner. 


Owner Qualifications:

Construction background


Competition:

There are other paving companies in the area, but this business has established a reputation for quality work and fair prices.