NE Paving Biz w/ optional $1.5MM FF&E for Purchase

Nashua, NH

Seller Financing Available

Asking Price:	$450,000
Gross Revenue:	$1,134,811

Cash Flow:	$180,000
Established Year:	1990

Listing ID: 2023256Listing provided by BizBuySell

BUSINESS DESCRIPTION

NE Paving Biz w/ optional $1.5MM FF&E for Purchase

When you need paving services, there is no better company to turn to than this one. The Company was started in 1990 and officially formed back then when they were just a small crew with big dreams of becoming New Hampshire's finest paving contractor. With 30 years under their belt providing pristine workmanship at fair prices while delivering top quality service throughout town (and beyond), it really isn't hard for them stand out from any other business, especially considering how many referrals make up the majority of their new business.

The vision of the Company’s founder is simple: provide top quality work at fair prices and maintain the quality of work throughout the years of being in business. In recent years, the Company has shifted focus to retail, residential projects (condos & apartments), municipal, and utilities. This has allowed the company to have consistent work and cashflow throughout the year with very little effect to seasonality. Through hard work and dedication to top workmanship, the Company has often been invited to place bids on projects of all sizes from small jobs for cemeteries to large municipal contracts up to $1.5m+. The strategy moving forward is to attain and retain contracts to ensure consistent revenue and cash flow. Furthermore, the Company has kept a large array of services offered to keep the mantra of being a “one stop shop” that customers have come to know and love about the Company.

The Company also keeps busy during the winter time by having contracts with municipalities to plow snow. This ensures consistent cash flow and gives the employees consistent work during the slowest period in the construction industry.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

DETAILED INFORMATION

Location

Nashua, NH

Inventory

Not Included in asking price

Employees

Facilities

0.5 acre lot to store heavy equipment & machinery. Small office in downtown Nashua for clerical and business-related operations.

Competition

There exists many competitors in the world of paving and general construction; however, there is only one company in the Nashua area with a built-in reputation of delivering top-quality workmanship at competitive prices. There are other competitors in the area that operate at various scales; however, they do not have the same reputation as this Company, whose owner spent 30 years nurturing that reputation.

Growth & Expansion

In the coming months, the Company is excited to service the additional lucrative accounts that was just acquired and hopes to continue to expand and lock those contracts and parlay them into new contracts, further solidifying the Company’s continued success. The groundwork has been well-laid out for the potential Buyer to take over and continue to grow the Company. The Buyer should continue to provide quality work of the highest caliber in order to continue grow the business by word-of-mouth. Furthermore, if the capacity exists, the Buyer can deploy

Financing

TBD if structure and terms are acceptable.

Support & Training

To ensure a smooth transition and ongoing success the Seller will work with a buyer as needed for twelve weeks, and may be willing to continue to consult on an as-needed basis with a pre-negotiated hourly rate.

Reason for Selling

Seller would like to spend his remaining years enjoying his retirement and pursu

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