Business Description

50 Years of Proven Success • Established Reputation • Strong Backlog • Significant Growth Opportunity

**THIS BUSINESS IS PRE-QUALIFIED FOR SBA LENDING**

Founded in 1975, this respected asphalt paving contractor has built one of Hampton Roads' most recognizable local brands through nearly five decades of quality workmanship, exceptional customer service, and long-standing customer relationships.

The company provides a full range of commercial and residential asphalt paving and pavement maintenance services, including:

• Commercial paving
• Parking lot construction
• Asphalt overlays
• Private roads
• Residential driveways
• Sealcoating
• Pavement repairs
• Grading

The business serves a broad customer base throughout Virginia Beach, Chesapeake, Suffolk, Norfolk, Portsmouth, Franklin, Smithfield, Isle of Wight County, and the surrounding Hampton Roads region.

Competitive Advantages:

✔ 50 years of operating history

✔ Strong reputation built primarily through referrals and repeat customers

✔ Healthy 4-month backlog providing excellent revenue visibility

✔ Diversified commercial and residential customer base

✔ Vertically integrated operations with on-site inventory, maintenance capabilities, and operational efficiencies

✔ Financing program available for residential driveway customers, creating a competitive advantage and supporting higher close rates

✔ Experienced workforce with low employee turnover

✔ Long-standing supplier relationships

The company generates business primarily through its outstanding reputation, repeat customers, referrals, website presence, and strong Google visibility, resulting in minimal reliance on paid advertising.

Demand for quality paving services remains strong throughout the region, providing an excellent platform for continued expansion. Opportunities exist to further grow commercial accounts, increase municipal work, expand pavement maintenance contracts, and leverage the company's established reputation across Hampton Roads.

This business is ideally suited for:

• A strategic paving or construction company seeking geographic expansion
• A private equity-backed platform or add-on acquisition
• An owner-operator looking to acquire a well-established business with immediate cash flow
• A larger contractor seeking to expand market share through an established brand

The seller is committed to facilitating a smooth transition and will provide reasonable training and support to ensure continued success.

Opportunities of this caliber rarely become available. Companies with nearly 50 years of operating history, an established reputation, experienced employees, and a strong backlog are highly sought after in today's market.