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Indianapolis Residential & Commercial Paving Company

Indianapolis, Marion County, Indiana, United States
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Asking Price$975k
Revenue$1.36m
EBITDA-
Cash Flow$281k
Description
This Indianapolis paving company for sale is a residential small commercial paving business. The company does patching, sealcoating, resurfacing over existing and stone driveways, as well as some limited excavation work when customers need add-ons to their driveways. There is one sealcoat crew, a paving crew, and a prep crew. They service driveways and parking lots for homeowners and commercial entities. Yearly, the sealcoat division has 70% repeat business and 30% new customers. Around 200-250 paving jobs are completed per year and around 200 or so sealcoat jobs per year. They have contracts with all their paving work and contracts with only new sealcoat jobs, and there is an active contract with Perry Township schools for snow removal that is believed to be transferrable to new ownership.
Furniture Fixtures & Equipment
$1m
Year Established
25
Reason Selling
The Seller is ready to retire.
Support & Training
The seller is willing to train and transition the Purchaser or Purchaser’s chosen leadership for a mutually agreeable time period immediately following closing.
Asking Price$975k