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- RE: Black Dawg Sealcoat Asphalt Sealcoating & Repair
- Contact: Buyer Services
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $489,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $76,981 | |
Total Debt: | Not Disclosed | |
FF&E: | $5,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 5 | |
BBN Listing #: | 953416 | |
Broker Reference #: | VA-JET BLACK-FREDERICKSBURG |
Business Overview:
The business was rated #1 in the asphalt maintenance industry 14 years running by Entrepreneur Magazine. Black Dawg thrives within the lucrative pavement maintenance sector, a robust industry valued in the multi-billion dollars. This brand specializes in enhancing driveways, parking lots, and more. Core services include asphalt sealcoating, crack filling, line striping, and various repairs. The demand for these products and services is consistently high and proven to be recession resistant. Comprehensive training and corporate support never ends. No prior experience is necessary.
Benefits of franchise ownership are exceptional marketing support provided at “cost” by the franchisor. All supplies, materials, uniforms and equipment that they sell is also at “cost”. 6,000 gallon bulk tank to receive material deliveries allowing for a huge savings in operational costs and non-productive travel time. The tank is on loan from the franchise.
Royalties – sliding scale from 1% to 8% of the sale price of each job after any sub-contractor cost.
Territory – Fredericksburg, Locust Grove, Spotsylvania, Stafford, King George. All considered to be 2 territories based on population. Currently, there are no other franchisees in the state of Virginia so you can provide services anywhere.29,000 Residential Customers in our database.1,100 Commercial Customers in our database.
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Property Features and Assets:
You can operate this business out of the comfort of your home. Current owner also has 3 parking spaces and 2 interior storage units at a local storage facility.
Market Competition and Expansion:
Brothers Paving, Gator Paving are the company's major competitors. The current owner has increased residential marketing by 56% this year - with great results! You could see 100% growth in residential and 30-50% commercial revenue with increased marketing. Fredericksburg is one of the fastest growing communities in Virginia.
Reason for Selling:
The owner wants to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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