30-year-old Chip Sealing Business with 15 on staff - Business for Sale
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Chip Sealing Business in South Dakota
SD, US
Added 1 month ago
Asphalt Paving and Chip Sealing Services
Absentee / Semi-Absentee
A South Dakota-based chip sealing business providing asphalt paving, surface treatments, and chip sealing services with a focus on government and residential clients.
Key Information
Asking
$5.6M
Revenue
$8.5M
Earnings
$1.6M
Multiple
3.5x
Key Highlights
- Business has been established for over 30 years
- Staff includes 15 full-time W2 employees and 12 seasonal laborers
- Over $4,000,000 in assets are included in the sale
- Current work in progress exceeds $7,500,000
- Primary services: chip sealing/armor coating (90%), asphalt paving (5%), surface treatments and crack repair (5%)
- Client base consists primarily of State, County, and Municipal Governments, as well as the Corp of Engineers, with some residential work
Contact Info
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