Asphalt and Trail Paving Company
Off-MarketIndianola, UT
Asphalt And Trail Paving Business
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$1,300,000
$450,000
34.6%
2006
30+ Days
Customers
Approximately 60 to 75% of work is government contracts, with the remainder split between commercial and residential clients.
Customer Acquisition
The company bids on government contracts and receives work through referrals from past jobs. Government websites, email notifications, and a state liaison for small businesses provide leads for government work. The owner is a member of the Professional Trail Builders Association, a worldwide organization that provides daily leads.
Team
The core team includes the owner, his son, his wife, and one additional employee, with temporary workers hired as needed. The company has had up to 14 people working during peak periods, and upcoming projects may require 6 to 8 workers.
Owner's Role
The owner works in the field alongside his wife, who also participates in the paving work.
Reason for Selling
The owner is 62 years old and is ready to retire.
Contracts
Yes
Real Estate
Four years ago, the owner purchased the property and built a shop on just over five acres, where the owner currently lives. The owner is flexible in structuring the sale, offering options to sell the property with the business, lease the shop for a transition period, or sell only the business entity with the equipment. The owner also has another five-acre parcel with a home on it available to include in the sale.
When Are You Looking to Sell
6-12 months
Licenses Required
The owner has a general contractor's license, though most government work does not require licensing.
Additional Notes
The business operates seasonally from April through Thanksgiving, though it could potentially run year-round with excavation and trucking.
Business ID: 1604
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