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815-459-8671

This business was established nearly 30 years ago and has a reputation for quality work at fair prices.  This non-union shop has a good mix of experienced long-time employees and young able-bodied laborers. All would like to stay on with new owner.

 

Illinois weather is very hard on concrete and asphalt and provides a great opportunity for steady business.  Commercial work accounts for over 20% of profits and includes resurfacing , removal & replacement of parking lots, and maintenance such as sealcoating, lining, crack filling.  They also work on new construction and developments, apartment buildings, strip centers, shopping centers and business centers.   80% of profits come from residential driveway replacement. 

 

The business includes all equipment that would be needed to continue as a successful business and is well maintained and in good working order. 

 

The office is very efficient and well run.  The Office manager  is willing to stay with new owner. 

MBBI Member
Asking Price
$750,000
Gross Revenue
$1,400,000
Cash Flow
$273,000
State(s)
Illinois
Metro Area
Kane County
Is this a franchise?
No
Home Based?
Yes
Can the business be relocated?
Yes
Number of Employees
12
Year Established
1968
Company Structure
S Corp
Reason for Selling
Retirement
Market Outlook Competition

: Additional advertising and marketing could enhance growth. They have a great customer list of recurring commercial accounts that could be expanded. Due to the IL weather conditions, roads, driveways and parking lots always need repair and provide a consistent stream of business.

Management Support
Will provide necessary training & support to ensure a smooth transition
Real Estate Included?
No
Equipment Included
Yes
Equipment Value
$640,000
Name
Charles Lutzow
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