Established Asphalt Paving Company, Staff-Run Since 1986
Specialty trade contractor for sale in Missouri (Other)
- Asking price
- $4,154,000
- Revenue
- $5,897,335
- Cash flow
- $844,318
About this business
This is a full-service asphalt paving company operating in southeast Missouri since 1986, serving residential subdivisions, light commercial lots, and municipal roads within roughly a 90-mile radius of its shop. The business handles everything from site preparation and residential driveways to road paving and seal coating, and it runs day-to-day under two long-tenured key managers without meaningful owner involvement.
The owner has been minimally involved for years, spending fewer than five hours a week on the business from several states away. The two managers who run operations have been in place for years and, per the owner, are ideally positioned to stay on as minority stakeholders under new ownership. The business draws new work almost entirely through referrals and word-of-mouth, and the owner reports that the top five jobs in any given year represent roughly 20% of revenue, reflecting a well-distributed customer base. The company owns roughly eight acres of property including a large shop, equipment storage, and room to expand, and approximately $2 million in equipment supports the operation.
The business is seasonal, with crews typically laid off from late December through mid-March, and the owner notes real upside for a buyer who can find productive use for the team and equipment in the off-season. Real estate, valued by the owner at around $700K, may be included in the deal. The standout: nearly four decades of operating history, a self-sufficient management team, and over $5.8M in annual revenue position this as a rare turnkey opportunity in a capital-intensive trade.