Reno/Lake Tahoe Asphalt Grading & Paving Business for Sale - $1M+ Net Income

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Financial Details

Asking Price:
$2,275,000
Annual Revenue:
$5,546,487
Cash Flow / SDE:
$1,069,240
Profit Metric:
Total Adjusted Net Income
Valuation Multiple:
2.1x
Location:
Reno, NV, US
Sources:
Date:
September 23, 2025

Key Highlights

Highly profitable asphalt grading and paving business with over 15 years of operation and $1M+ in net income.
Strong market presence in Reno, Lake Tahoe, and Northern Nevada, serving both commercial and residential clients.
Seller is motivated by retirement and has prepared comprehensive documentation for due diligence, with staff willing to transition.

Description

This is a well-established and profitable asphalt grading and paving company with over 15 years of successful operation, serving the Reno, Sparks, Northern Nevada, and Lake Tahoe regions. The business specializes in both commercial and residential asphalt work, with approximately 20% of revenue derived from government/state contracts and the remainder from private sector clients including railroad companies, casinos, Indian Tribes, and property managers. Services offered include asphalt grading, paving, seal coating, and other related ancillary services. The company boasts a strong reputation and a dedicated, experienced staff who are willing to stay on with the new owner. The seller has meticulously prepared the business for sale with the assistance of a CPA, ensuring all necessary documents for due diligence, such as tax returns, leases, equipment lists, and financial statements, are readily available. The business is leased, with details on square footage, rent, and lease expiration provided. This presents a prime opportunity for a buyer seeking a stable, profitable business in the construction and services sector.

Industry Information

Industry Description:
Asphalt grading and paving company specializing in commercial and residential work, including government contracts, serving Reno, Sparks, Northern Nevada, and Lake Tahoe areas. Offers grading, paving, seal coating, and ancillary services.
Classification:
Building & Construction

Operational Snapshot

Year Established:
2001
Employees:
10
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Leased
Monthly Rent:
$2,175 USD
Lease Expiration:
2022

Assets & Inventory

FF&E Value:
$753,412 USD
Includes FF&E:
Yes

Broker Contact

Name:
Ciro 'Vic' Coppola
Company:
First Choice Business Brokers
Phone:
(702) 368-2500

Listing Details

Listing ID:
a2d9552e-86b2-4607-b9bf-299e707f93b0
Source Listing ID:
20200
Deal Status:
Sold
Last Updated:
September 23, 2025
Currency:
USD

Features & Tags

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