Long Standing Pavers and Granite Business
Utah County, UT
| Asking Price: | $2,200,000 |
| Gross Revenue: | $4,444,078 |
| Rent: | $1,683.33 |
| Cash Flow: | $519,524 |
| Inventory: | $600,000 |
| FF&E: | $380,000 |
Listing ID: 2221623Listing provided by BizBuySell
BUSINESS DESCRIPTION
The business has enjoyed a long standing success and great reputation for more than 2 decades. They install a variety of paving projects from individual residential projects as well as projects from General Contractors. They procure the granite from out of US. With highly trained craftsmen and competitive pricing, the business has been growing consistently since its inception.
DETAILED INFORMATION
Location
Utah County, UT
Inventory
Included in asking price
Real Estate
Leased
Building SF
20,000
Lease Expiration
31/12/2025
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: Good working condition. Oldest equipment is 2011 truck.
FF&E General Condition: Great working conditions
Competition
The current owners have done a great job with retaining multiple commercial clients as well as referrals for residential work. There are several other paving companies in Utah, however, it is one of the few that make their own pavers and has built and maintained a great reputation based on integrity, professionalism, and communicating and making things right for their customers.
Growth & Expansion
The business has experienced consistent growth year after year, and the paving industry is consistently growing. A new owner should consider expanding to other areas outside Salt Lake, Utah, and Washington counties. There are also enough projects to add more crews and establish a stronger standing in the residential market in Washington County. With the current staffing, government contracts are also a big opportunity to consider.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
retirement
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