Business Sales & Acquisitions
Price
$7,000,000
Location
Connecticut
Industry
Service Businesses
Listing ID
NV43025
This profitable, asphalt services company has provided high-quality paving solutions for more than three decades. Known for reliability and professionalism, the business serves both residential and commercial clients across multiple service lines, including surface work, maintenance, and specialty repairs. The experienced, long-tenured team operates under full licensing, bonding, and insurance. With a balanced residential/commercial mix and low customer concentration, the company enjoys consistent profitability, a strong regional reputation, and steady recurring demand. This is a turnkey opportunity for a new owner to step into a well-respected operation. The retiring founder is committed to supporting a smooth transition.
Retirement
The seller will provide hands-on training to ensure a smooth transition.
The asphalt market in this location is fragmented, leaving room for this established business with a strong reputation to stand out.
Add crews/capacity, targeted marketing, select municipal/recurring maintenance contracts, adjacent high-value geographies.
SBA Pre-Approved
Price: $7,000,000
Location: Connecticut
Industry: Service Businesses
Listing ID: NV43025
This profitable, asphalt services company has provided high-quality paving solutions for more than three decades. Known for reliability and professionalism, the business serves both residential and commercial clients across multiple service lines, including surface work, maintenance, and specialty repairs. The experienced, long-tenured team operates under full licensing, bonding, and insurance. With a balanced residential/commercial mix and low customer concentration, the company enjoys consistent profitability, a strong regional reputation, and steady recurring demand. This is a turnkey opportunity for a new owner to step into a well-respected operation. The retiring founder is committed to supporting a smooth transition.
Gross Revenue: $6,921,000
Cash Flow: $1,470,000
FFE: $1,500,000 (Included in price)
Real Estate $500,000
Reason for Sale: Retirement
Training & Support: The seller will provide hands-on training to ensure a smooth transition.
Employees: 19
Competition: The asphalt market in this location is fragmented, leaving room for this established business with a strong reputation to stand out.
Potential Growth: Add crews/capacity, targeted marketing, select municipal/recurring maintenance contracts, adjacent high-value geographies.
Financing/Terms: SBA Pre-Approved
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Price
$7,000,000
Location
Connecticut
Industry
Service Businesses
Listing ID
NV43025
This profitable, asphalt services company has provided high-quality paving solutions for more than three decades. Known for reliability and professionalism, the business serves both residential and commercial clients across multiple service lines, including surface work, maintenance, and specialty repairs. The experienced, long-tenured team operates under full licensing, bonding, and insurance. With a balanced residential/commercial mix and low customer concentration, the company enjoys consistent profitability, a strong regional reputation, and steady recurring demand. This is a turnkey opportunity for a new owner to step into a well-respected operation. The retiring founder is committed to supporting a smooth transition.
Retirement
The seller will provide hands-on training to ensure a smooth transition.
The asphalt market in this location is fragmented, leaving room for this established business with a strong reputation to stand out.
Add crews/capacity, targeted marketing, select municipal/recurring maintenance contracts, adjacent high-value geographies.
SBA Pre-Approved
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
Pennsylvania Office - Pittsburgh
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334
Pennsylvania Office - Philadelphia
Pennsylvania Office - Pittsburgh
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