Listing Number: 76931-505388
Available for acquisition is a family-owned business located in Houston, Tx which specialize in the new construction and re-construction of asphalt and concrete parking lots, roadways, and commercial driveways. This same company also offers road maintenance and parking lot services such as striping, lighting, signage, sweeping, sealcoating, ADA modifications, repairs and more!
There are two business partners who started this business together. Both business partners are very involved in the day-to-day operations. One partner’s role is the estimator and project manager, and the other business partner’s role is to be the field supervisor.
This business has done tremendously well, but one of the business partner is ready to retire so therefore this business is for sale. The preferred buyer would have experience in this industry. The sellers are willing to stay on to train the new buyer for an extended period at a negotiated salary.
Based on 2021 financials, seller’s discretionary earnings, for an owner operator would be an estimated $470,899 annually. This was based on annual revenues of $1,634,189. 2022 is looking to finish strong as well.
Please call my cell at 832-758-7756 if you’re interested or schedule a call with me through calendly. You may also send a request for more information online through the listing website.
- Price: $ 1,500,000
- Down Payment: $1,500,000
- Sellers Discretionary Earnings: $ 470,899
- Total Sales: $ 1,634,189
- Location: Harris County, Texas
- Inventory: $ 0
- FF&E: $ 277,285
- Employees: 16
- Year Established: 2016
- Reason for Selling: Pursuing other opportunities
- Category: Construction