Other ManufacturingActive
Established Asphalt and Sealcoating Supply Manufacturer For Sale
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DescriptionA rare opportunity to acquire a family-owned, established asphalt and sealcoating supply manufacturing business that has built a stellar reputation for quality, service, and customer satisfaction across the Upper Midwest. With an outstanding track record of positive customer reviews and long-term relationships, this business is a trusted supplier to contractors, paving companies, and municipalities alike.
The company is drawing from over 80 years of industry experience, they manufacture a superior, non-toxic, and proprietary product. Their formulations and cutting-edge manufacturing processes provide superior performance, durability, and environmental responsibility. Recognizing the growing delivery costs and cost of “dry runs” the owner and strong management team built a trucking freight division to turn excess expenses into a growing profit center.
Working capital not included in asking price
Real Estate$800kNot Included in Asking Price
Building Size: 14000 sq. ft. Inventory$250kIncluded in Asking Price
Facilities & AssetsThe Company owns and operates in a strategically located 14,000 square foot facility with manufacturing capacity to grow significantly. Recently, the company reengineered their processes to optimize efficiency. Although the commercial real estate is not included in the asking price, the owner is willing to lease to the new owner if the buyer does not want to purchase the real estate at this time.
Support & TrainingSeller and managerial staff will fully support and train new owner.
Growth OpportunitiesThe sealcoating industry is experiencing robust growth, driven by increasing investments in road infrastructure and maintenance activities. As governments and private entities focus on extending the lifespan of existing roads, the demand for sealcoating products is expected to rise. This Company is strategically positioned to capitalize on this market opportunity by offering superior, eco-friendly products and can exponentially grow with its current manufacturing capacity.