70-Year Paving Business for Sale, Virginia

Featured on BusinessForSale.com . 32 viewed

Asking Price

$3,490,000

FOR SALE - ACTIVE

Detailed Information

Location

Virginia, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

Here is a concise description of the business: A well-established paving business in Central/Southwest Virginia, operating for nearly 70 years under the same family. The business enjoys a positive reputation for quality work and has a loyal customer base, with 75% of revenue coming from local contractors, municipalities, and commercial clients. The owner, who is retiring, is looking to pass on the legacy of the business and is willing to provide training for a smooth transition to a new owner. The business operates from a 6,000 sq ft building on 3.31 acres of land, with the real estate available for lease or purchase separate from the business. With a significant portion of revenue generated through repeat customers and referrals, the business offers a solid foundation for a new owner to continue its success. The paving industry is estimated to be a $30 billion market, providing ample opportunity for growth and expansion in the future. For more information on this profitable and reputable paving business in Central/Southwest

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