Asphalt Services Business with 30-Year Reputation in Springfield, MA

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Financial Details

Asking Price:
$6,000,000
Annual Revenue:
$6,921,000
Cash Flow / SDE:
$1,200,000
Valuation Multiple:
5.0x
Location:
Springfield, MA, US
Source:
Date:
May 09, 2025

Key Highlights

- Profitable, family-owned asphalt services business established in 1989.
- Offers residential and commercial services including maintenance, crack filling, and seal coating.
- Strong client base and growth opportunities with owner willing to provide training.

Description

This is a profitable, family-owned asphalt services business operating since 1989. It offers residential and commercial asphalt services, asphalt maintenance, crack filling, seal coating, and catch basins. The business has a skilled, OSHA-trained team, a solid client base, and a strong regional presence. The owner is retiring and will provide training for a smooth transition. Growth opportunities include expanding marketing, bidding on municipal contracts, and scaling operations.

Industry Information

Industry Description:
Service Businesses
Classification:
Building & Construction

Listing Details

Listing ID:
f72132cc-613a-4417-9a57-b1847f8e46d1
Deal Status:
For Sale
Date Posted:
May 09, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

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