Asking price: $890,000
Reason for sale: Retirement
Company information
- Land Area: N/A
- Building Area: N/A
- Year of acquisition: 2011
- Established Year: 1986
- Full-time Employees: 0
- Part-time Employees: 7
Financial information
- Annual Sales: $1,186,224
- Monthly Payroll: $20 600
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $284,214
- Assets Included in the Sale: inventory, supplies, equipment, and goodwill
This family business was founded in the mid-80s. It specializes in asphalt laying. The company is known for carrying out all types of asphalt projects, from the smallest to the largest, from the simplest to the most complex. It is currently based in Estrie, south of the Province of Quebec, less than two hours from Montreal. The head office can, depending on the buyer’s convenience, be located in another city, which is an asset.
The company’s services include asphalt paving for streets and parking lots. It also offers asphalt repairs of all kinds, from potholes and cracks to underground debris extraction, and garage entrances. As for the asphalt curbs, the company offers both repair services and the installation of new curbs. Finally, it also provides an excavation service.
All repairs are carried out using hot-mix asphalt. The company offers a quality service recognized by its customers. Confident of the service it delivers, the company offers its customers a one-year warranty on the work it has carried out, in addition to after-sales service.
The company has all the human resources needed to undertake residential, industrial, commercial, and municipal projects. The employees are qualified. They hold certificates of competence issued by the CCQ (“Commission de la Construction du Québec”). The owners work for the company. They handle customer bids and manage the day-to-day running of the business.
The keys to the company’s success are the quality of the work carried out and the fulfillment of commitments. As a result, the company has built up a solid reputation in the region, and a loyal clientele over the years.
The company is digitalized. It has its own website where it receives customer requests for quotes. The company is also active on Facebook. It often posts information or recruitment content.
Many development opportunities could be considered by the future buyer. He could expand his customer base, by offering a driveway earthwork and/or road markings service.
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