Asphalt Marking and Maintenance Business for Sale in North Carolina (#1840)

Revenue:
$4,133,847
Adj. Cash Flow:
$1,101,248
Region:
North Carolina
Location:
North Carolina
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

Located in beautiful Western North Carolina, this company has 20+ years of expertise with pavement marking and roadway striping for county-level Department of Transportation maintenance and new construction contracts, with secondary consideration for private and municipal work. By cultivating a reputation for quality work, efficiency, and excellent customer service this organization has become a go-to subcontractor in a geographical market with very little direct competition.

The business has a history of steady, incremental growth expertly managed by an astute owner-operator and management team. The organizational culture is strong and resilient with many highly experienced long-term staff members committed to delivery of exceptional service. The reputation and market positioning of the company provides a competitive advantage that allows strategic flexibility when choosing which contracts and projects to bid.

Multiple crews operate with a fleet of well-maintained vehicles, with many repairs completed by in-house mechanics. State DOT contracts ensure a steady pipeline of future revenues.

Growth Opportunities:
– Expand operations to include interstate highway and restriping work
– Expand beyond current geographical service territory
– Add new services such as snowplowable markers, constructions signs, etc

Listing Price: Market Value

2023
Revenue:
$4,133,847
Adj. Cash Flow:
$1,101,248

Your Listing Advisor.

Eric McKeehan

Eric McKeehan

Senior Advisor

Eric McKeehan comes to Viking M&A as a seasoned veteran of small business administration, financial management, sales, marketing and strategic planning. He holds an MBA from Wingate University, along with a BA in Political Science from the University of South Carolina. During his undergraduate years, he served in the United States Marine Corps and deployed in support of Operation Iraqi Freedom.

After returning home and finishing his bachelor’s degree, Eric began his career in business-to-business sales and marketing with a rapidly growing wholesale distribution business in Asheville, NC. It is here that Eric developed a passion for working with small businesses and entrepreneurs. As a Business Development Manager, he came to appreciate the challenges that small businesses face by interfacing with thousands of brick and mortar retailers nationwide.

Upon earning his MBA, Eric jumped right back into the fight, turning down lucrative opportunities with public corporations in favor of the excitement and challenge of small business growth by joining a manufacturing start-up in Hendersonville, NC. Here he took on a variety of roles, serving as both the Controller and Business Development Manager. During his tenure, the company saw an exponential growth in revenue and penetration into new market segments. Eric later moved on to a small cut-and-sew operation, Diamond Brand Gear in Asheville, and eventually made his way into the retail segment with Diamond Brand Outdoors as Controller.

Eric lives by the philosophy and values learned through a decade of working with small to mid-size businesses. His hands-on experience and education have allowed him to develop a well-rounded skill-set and fundamental understanding of the “big picture” that owners and executive management contend with.

His primary mission with Viking is to help business owners navigate one of the most important decisions in their lives: selling their business. Eric works with integrity, professionalism, and compassion throughout the process, ensuring that each client has an opportunity to achieve their desired outcome.

Similar Businesses.

Well Established Accounting Firm #1883

Marketing Business for Sale #1880

Well-Established Technology Company #1879