Property Details

Successful Driveway Sealing and Repairing Business - Monroe County

Property ID : WSD24.213

For Sale $157,000.00 - Driveway Sealing/Asphalt

DESCRIPTION:

  • One of the most established & profitable driveway sealing and repairing businesses serving the Rochester NY area for over 20 years.
  • Has over 2,000 customers within the Western Monroe County, Eastern Genesee, and Eastern Orleans County areas.
  • Customer base is 80 % Residential and 20% Commercial
  • Does driveway sealing, asphalt repairing, hot crack filling, and line striping
  • An experienced crew of 4 employees assist the part time owner in this very successful operation
  • This business operates only from May 15 through October 15 each year

They average 85-90 work days per year.

  • Monday through Saturday 7 AM – 3 PM (weather permitting)

ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price)

  • Equipment, Vehicle & Fixtures with a Fair Market Valuation of $ 49,575
  • Inventory at Cost of $ 1,200

REVENUE AND CASH FLOW:

           Sales:   2017 – $ 118,342     2016 – $ 178,179      2015 – $ 265,869

SDE:     2017 – $   56,707     2016 – $   74,365      2015 – $   99,051

Note: 2017 sales reflect a wet/cold late spring season and only 65 work days performed

PRICE/FINANCING:

  • The asking price is $ 157,000.  With a purchase agreement, and a good faith deposit of $ 10,000

the owner is willing to wait to complete the purchase of this business up to March 1, 2018

LEASE ARRANGEMENTS:

This business is currently operated at the Owner’s House and Property

 COMMENTS:

  • This business is a fantastic opportunity for an owner-operator, or as an acquisition for an existing sealcoating, paving, excavating or landscaping business.
  • Sales could easily double with a full time owner/ manager in place.

Agent Stephen DiPaolo

Steve november 2017
  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
Know More

Contact

Loading...
 

Similar Properties