Central NJ Paving & Trucking Company, 1957 Ocean County Contractor

Full Editorial Writeup

This is a paving and trucking contractor in Ocean County, New Jersey, established in 1957 and approaching 70 years in operation under a single brand. The company handles a broad mix of residential and commercial work including paving, sealing, brick and Belgium block pavers, patchwork, road repair, grading, stonework, stone driveways, and excavating. It also runs ancillary revenue lines: trucking, equipment rentals, equipment storage, truck parking, material recycling, and retail materials sales, backed by a state-certified scale house and a climate-controlled equipment storage facility.

The business does roughly $1.55M in revenue and $592K in owner cash flow, a healthy 38 percent margin that reflects both the services operation and the multiple income streams tied to its 5-acre property. It comes with a full, well-maintained equipment fleet and six full-time employees, and leans heavily on an online lead generation program that the seller says produces daily inbound inquiries. The reason for sale is a stated immediate retirement.

The critical structural detail: the 5-acre property is NOT included in the $2.6M business asking price. The owner requires it be purchased separately for an additional $3.0M, bringing the true all-in cost to roughly $5.6M. Several of the listed income streams (recycling, storage, truck parking, rentals) are property-dependent, so a buyer who skips the real estate does not inherit those revenue lines. That dependency, combined with the fact that the business is entirely owner-operated with no general manager or estimator in place, defines both the opportunity and the risk here.