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 17 days ago
Asphalt Maintenance and Paving Services
26 years in business
Absentee / Semi-Absentee
Asphalt maintenance company in the Chicagoland area providing paving, repair, sealcoating, crack filling, line striping, and drainage services, serving primarily commercial clients for over 20 years.
Key Information
Asking
$12.5M
Revenue
$5.3M
Earnings
$2.5M
Multiple
5.0x
Key Highlights
- Years established: 26
- Over a dozen skilled workers with low turnover
- Approximately 80% repeat clients and 90% commercial clients
- Commercial client breakdown: ~70% property management/HOA, ~20% municipal, ~10% private
- Current lease rate for office and 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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