A rare opportunity to acquire a mature, self-sustaining asphalt and paving
operation based in southeast Missouri. With annual revenues approaching $5.9
million and a seasoned management team already handling day-to-day affairs, this
business functions as a genuinely turnkey enterprise — something seldom found in
the capital-intensive trades.
The company delivers a full spectrum of paving-related services to a diverse mix
of residential, light commercial, and municipal clients within a roughly 90-mile
service territory. Work spans everything from new surface installation and
grading to seal coating and site prep. New contracts continue to flow in almost
exclusively through referrals, a testament to the company's standing in its
regional market.
Revenue concentration is notably low — the five largest annual
engagements account for only about one-fifth of total billings, reflecting a
healthy and diversified customer base.
Two experienced managers have led field and administrative operations for years
and are well-regarded by ownership. The current owner, who relocated out of
state several years ago to be near family, has maintained minimal involvement —
averaging just a few hours of oversight per week — while the business has
continued to perform.
Both managers have expressed interest in remaining with
the company under new ownership, potentially as minority equity holders,
offering meaningful continuity for an incoming buyer.
The physical footprint is substantial: approximately eight acres of
company-owned land houses a large operational shop, equipment staging and
storage areas, and room for future growth. The equipment fleet, valued at
roughly $2 million, is included in the sale.
Real property — independently
valued by ownership at approximately $700,000 — may also be folded into the
transaction, making this an opportunity to acquire both a productive business
and the underlying hard assets.
Operations are seasonal by nature, with crews typically inactive from late
December through mid-March. A strategically minded buyer could unlock meaningful
upside by deploying the existing workforce and equipment during the off-season
months — an avenue the current owner has not pursued.
With strong cash flow, a
proven management structure, and decades of market presence, this listing
represents a compelling acquisition for an operator or investor seeking a
dominant position in a high-barrier-to-entry trade.