Established Asphalt Contractor (297)

Headquartered in California, the Company is a paving contractor specializing in a wide range of asphalt services, including grading, paving, striping, seal coating, and crack filling. Serving both commercial and residential customers, the Company focuses on enhancing the durability and appearance of parking lots, driveways, and private roads while maintaining a strong commitment to quality, attention to detail, and customer satisfaction. The Business maintains a well-balanced customer base, with approximately 90% of its projects dedicated to commercial properties and the other 10% to residential customers. This diverse portfolio enables the Company to meet a broad range of needs, from large-scale commercial developments to smaller residential projects. Positioned for future growth, the Company has opportunities to expand into government contracts, secure more recurring agreements, and enhance its digital advertising efforts. The current ownership is seeking to transition into retirement but is open to remaining in a limited role to ensure a smooth transition for new ownership. The Business is supported by a general manager with over 15 years of experience in the paving industry who oversees all project management, as well as an office administrator handling administrative tasks. Both key employees are expected to stay on post-transaction to provide continued support to new ownership. Sep. 30th, 2024 Revenue: $3,568,314 Sep. 30th, 2024 Cash Flow: $353,399 2022 Appraised Real Estate Value: $455,000 Current Lease: $19,800 Total Building Size: 3,500 sq. ft.