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Profitable Asphalt Paving, Repair, Seal Coating, and Related Services Company - Located in Texas #68234 Sign NDA ► DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Andre Farahmandi Senior Vice President Email: afarahmandi@generational.com Mobile: 972-232-1140 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS Provider of asphalt paving, repair, seal coa ng, concrete paving, and parking lot striping services. The Company differen ates itself from compe tors by maintaining flexibility with customers and providing niche commercial work, leading to quality results that have translated to 65% to 70% of sales coming from repeat business. Approximately, 75% of jobs are from bid work and the Company maintains a three to four week backlog, typically working on a single property every two or three years. The Company has recently focused much more on taking jobs that maximize profitability versus others that may generate high sales but low margins. The Company owns its own assets/equipment, but due to the niche work, capital expenditures are not nearly as high as compe tors. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 COMPANY STATS >12+ Years of Operations >Serves multifamily residential, commercial, municipal, and oth- er regional customers >10 Employees, Excluding Owner >Sole Owner >Limited and Efficient Asset Base >S-Corporation >High Repeat Business INVESTMENT APPEAL • Diversified Customer Base: No single customer accounted for more than 7% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. • Efficient Business Prac ces and Strong Earnings: Throughout the historical period the Company focused on the most profitable opportuni es, leading to the Company's EBITDA increasing each year in the historical period, as well as EBITDA margins that currently hover close to 14%. These margins are expected to remain consistent in future years. • Superior Name and Reputa on & Strong Client Rela onships: The Company was founded more than 12 years ago and has developed a management team that has a tremendous amount of experience in the asphalt paving and coa ng industry. The Company's focus on providing quality, mely, and cost-effec ve work, coupled with proac ve and responsive customer service, has led to many customers becoming repeat customers throughout the Company's history. • Growing Regional Market: The Company serves a region within Texas that has been one of the fastest growing regions in the en re country, and con nues to grow. Revenue Mix Historical & Projected Financial Performance $4.6M $636K (13.8% of Sales) $629K (13.7% of Sales) 2023 (Historical) 2024 (Projected) Sales $4.6M EBITDA Average Job Length Asphalt 2-3 Days Concrete 3-4 Days Seal Coa ng 2 Weeks Parking Lot Striping 1-2 Days Average Dollar Size Per Job 2021 2022 2023 279 projects $12.8k average 288 projects $17k average 343 projects $14.7k average