Opportunity to purchase a very profitable asphalt maintenance co. - Business for Sale
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Asphalt Maintenance Company in Chicagoland Area
IL, US
Added 2 months ago
Asphalt Maintenance and Paving Services
26 years in business
Absentee / Semi-Absentee
Asphalt maintenance company providing paving, repair, sealcoating, and related services to commercial and residential clients in the Chicagoland area near Cook County, IL.
Key Information
Asking
$12.5M
Revenue
$5.3M
Earnings
$2.0M
Multiple
6.1x
Key Highlights
- Years established: 26
- Business model: Asphalt maintenance services including paving, repair, sealcoating, crack filling, line striping, and catch basin/sewer installation and repair
- Client mix: ~80% repeat clients, ~90% commercial (of which ~70% property management/HOA, ~20% municipal, ~10% private), ~10% residential
- Over a dozen skilled workers with low turnover
- Current lease for office and outdoor storage space under $3,000 per month
- Seller financing available for up to 10% of the selling price, subject to approval
Contact Info
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