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Paving Contractor In Loudoun County For Sale

Loudoun County, Virginia, US
Asking Price:
$780,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,221,154 (USD)
Cash Flow:
$388,477 (USD)

Great opportunity to own an established dry cleaner located in Northern Virginia. The business is situated just off a major thoroughfare in close proximity to Landmark, Lincolnia, and is about a mile from 395. The owners have invested nearly $100K in renovations and new equipment over the past 6 months. Here is a summary of the new equipment and work completed:

- Union 40lb Hydrocarbon (Organic) Dry Cleaning Machine: $40,000. Installed new 10/2021.
- Wasocomat 67lb Dryer: $5000 - Installed new 10/2021
- New Water heater: $4500 - Installed new 11/2021.
- New Air compressor: $6000 - Installed new 11/2021.
- Bathroom Renovation (ADA compliant) with new counter tops, painting, and plant refresh. $10,000

The owners are not actively involved in the day to day operations of the business and employ a manager and assistant that each work roughly 40 hours a week. The monthly rent is $6,400/month (including NNN) and the current least runs through late 2025. This presents a fantastic opportunity for an active owner operator to take over the business or it could also be run on a semi-absentee basis. Please contact us today to learn more!

Property Information

Real Estate:

Lease

Premises Details:

The business operates out of an office in Northern Virginia with a storage yard for equipment, but can be easily relocated in the DC metro area.

Business Operation

Expansion Potential:

There are various ways to grow and expand the business. The operation is easily expandable throughout the DC metro area and into new markets north like Northern NJ, Long Island, and Western PA as proven by the current model. The next owner will be able to leverage the strong brand and company reputation in the market to continue operating the business with success. There is the further opportunity for huge growth through fractional franchising or even fully franchising the brand on both the residential and commercial side of the business as the seller owns the rights to the intellectual property of the unique paving system.

Competition / Market:

There is standard competition in the industry, but this business holds accreditations and licenses for several well-known applications enabling them to offer superior products and services.

Reasons for selling:

Owner is retiring.

Employees:
7
Years established:
2005

Other Information

Support & training:

Yes, the seller will provide transitional training and support to ensure the buyer’s success.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The amount of seller financing available depends on the final purchase price, terms and qualifications of the buyer.

Furniture / Fixtures value:
$512,000 (USD) - included in the asking price
Inventory / Stock value:
$190,000 (USD)
Relocatable:
This business can be relocated.

Contact Horizon Business Brokers, LLC

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