210 E Trade St
Charlotte, NC 28202

This is a well-established profitable business that has operated continuously in the same family for 50+ years. The current generation owner is ready to retire and has no one to take over the business. The current business model has no advertising, web presence or social media platforms to generate business. Virtually all of their business comes from word-of-mouth referrals and their extensive client base with long term relationships. This company gets so much business that they turn down a lot of opportunities that could be referred to others or could be revenue by adding another crew (equipment is already abundantly available). There is currently over $2 million on the books to be completed by the end of this year and the company is slated to do over $4 million in 2022. This business can easily do $5 - $7 million in annual gross incomes with a motivated team. Net operating income in 2021 was about $500,000 and will be much more in 2022. This is the perfect opportunity for an existing paving business to expand to the Charlotte market or for an inexperienced operator to purchase and learn the business from the professional staff and workers. This business and property is located in the opportunity zone. This listing is confidential and qualified buyers will need to execute an NDA prior to due diligence. Please do not disturb the business or employees of the company. Photo is not actual photo of this business.