$2,000,000

Top 3 Asphalt Manufacturer in Utah

Utah/Wasatch Front
for sale
Financials
  • Price: $2,000,000
  • Gross Income: $3,320,534
  • Cash Flow: $242,055
  • FFE: $0
  • Inventory: $300,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #RM 111
  • Year Established: 2016
  • Financing: Available
  • Training: Yes
  • Facilities: The property includes: • 3-acre private yard with M-1 Zoning in the Inland Port District of West Valley City • Industrial Area 10-minute drive to SLC Airport • 2,000 sq. ft. Showroom • 16,700 sq. ft. Warehouse • 4 offices and front desk area • (2) Remote-operated rolling gates with pull-through entry/exit • Radiant floor heat throughout the building and partial exterior areas • 2” Production Water Meter • Onsite power for expansion (1200 Amp) The plant is built to accommodate growth, with large storage tanks, room to add a second mixer and utilities needed for expansion in place. With the infrastructure in place, they can increase production and improve profitability.
  • Competition:Quality Seal Sealcoat Supply
  • Growth: Expanding storefront locations could also grow the business, either in competitor’s “backyards” or in high-growth areas: • A facility in Lehi/Pleasant Grove would go head-to-head with Quality Seal, and one in the Ogden area would Compete with Sealcoat Supply • St. George, Utah continues to be a high-growth area, where the company could service Southern Utah as well as expand to the Las Vegas market • Adding trucking in-house could also increase future cash flow potential
  • Employees:

Property Descriptions

One of the world’s largest manufacturers of pavement sealer and seal coat operates from a 3-acre facility that includes a production area, showroom and warehouse stocked with equipment, tools, products, and accessories for seal coating, striping, crack sealing, and everything needed to maintain asphalt parking lots, driveways, and roads. This includes a thriving sport court division. Sales are up 45% as of 7/31/2023. Their customers include both contractors and consumers in Utah as well as Nevada, Idaho, Wyoming, and Montana.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Colliers International Mergers & Acquisitions 6440 S. Millrock Dr., Utah, Salt Lake City
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