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Reno

  • Listing No.: 101-20200

  • Category: Commercial, Construction, Service

Asking Price $2,650,000
Down Payment $2,400,000
Gross Revenue $3,269,217
Total Adjusted Net Income $737,384
Equipment / Fixtures $753,412
Year Established 2001
General Location Reno
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This Asphalt grading and paving company has been profitable for over 15 years. Specializing in the Reno, Sparks, Northern Nevada and Lake Tahoe areas. They do both commercial and residential work with roughly 20% of their work coming from Government/state contracts and the remaining from private businesses including rail road companies, local casinos, Indian Tribes and property managers, etc. Asphalt grading, paving, seal coating including many other ancillaries services. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. Serious seller who has prepared his business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please email Listing Agent. 

Gross Revenue $3,269,217 Listed Price $2,650,000
Total Income $737,384 Down Payment $2,400,000
Base Rent $2,175 Square Feet 1100
Total Rent $2,175 Lease Expiration 02/2022
Rent Deposit Lease Options 1 / 3 years
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $753,412 Other Assets
Full-Time Employees 2 Training Period 30 calendar days
Part-Time Employees 8 Special License Required Nevada Contractor’s License
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.