Fully-operating Outside Contractor (niche market – paving) Business for Sale

Long-established, niche contractor, is offered for the first time.
Seller is tired and ready to sell.
A full crew plus office person, and estimator are expected to go along with the sale.
In earlier years, there were more crews, but recently aging
owner has cherry- picked work and turned away more marginal inquiries.This is a rugged business and is performed outside during the hottest time of the year.
Ample opportunity for growth.
None of the current employees are aware of the sale.
2022 sales exceeded $1.6M and 2023 sales are tracking slightly higher.
Approximately one third of the business is commercial and
two thirds are residential.
Weather dependent, the business is essentially closed from approximately
Dec. 1st until approximately March 31st.
All equipment is included in sale and it is substantial and accounts for
a significant part of the price.
The lease is nominal and may be short or long term. The facilities
are office plus a large yard for all of the heavy, outside equipment.
Owner wants sale, but will stay on for the rest of the season in 2023.
Potential purchase of the real estate is possible, but not currently included in asking price.

Detailed Information

Rochester, NY
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Offices and parking. Plus ample parking in rear for all equipment vehicles and machinery.
Plenty of other competitors in the Monroe County area. But the reputation of this business and the quality of their work puts them on top of the contractors for this kind of work.
Growth & Expansion:
As previously mentioned, this tired owner has not sought any expansion. In fact much work has been turned down because of the cherry-picking nature. No marketing is done. Reputation, the internet and word-of-mouth referrals are more than enough for this current volume of business.
Support & Training:
Current owner will stay for the rest of the 2023 season to insure all work is completed satisfactorily. They are already booking into the 2024 season.
Reason for Selling:
Age and retirement