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BIZBITE

Pothole Repair Service

Over $18B is spent on road repairs every year — most of it on potholes

Bottom line

Accessible entry point; validate local supply before buying.

Pothole repair businesses patch asphalt for parking lots, private roads, HOA communities, and municipalities using cold-fill or infrared restoration methods. The infrared method — which heats existing asphalt, rakes it smooth, and applies new material — produces seamless patches that last 10x longer than cold-fill and commands significantly higher prices. The surprising angle: private property owners (not just government) pay on commercial terms, and most parking lot owners have no idea who to call when a pothole appears.

79
Acquisition score
Excellent

Avg Revenue

$350K

Profit Margin

36%

Acquisition Multiple

2x - 3.5x

Startup Cost

$5K - $40K

How It Works

Operators patch potholes in parking lots, driveways, and private roads. Basic cold-patch equipment runs under $5K and can generate $2,500/day at $100 per pothole with 25 repairs. Infrared equipment ($15K-$40K) increases job price and longevity dramatically. Commercial and HOA accounts provide recurring work — lots degrade every season. Winter creates a surge from freeze-thaw damage, making this a year-round business in northern markets where competitors go dormant.

Revenue Range

Low End
$150K
Typical
$350K
High End
$700K

BizBite underwriting snapshot

Watch / verify

Pothole Repair Service has enough high-level data for a first look, but BizBite has not assigned a category-specific operating model yet. Treat the score as preliminary.

54
Fair / 100
Data confidence
medium
52/100
Financing fit
medium

Category-level fit before lender-specific diligence.

Confidence cap
78

Weak source data caps the final score.

Why it may work

  • +Attractive 36% estimated margin profile
  • +SBA dataset shows 295 recent comparable loans

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet
  • !No category operating model yet
  • !No category model yet

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 238990 · All Other Specialty Trade Contractors

Deals tracked
729
295 in last 24 mo
Median loan
$660K
$305K–$1.7M p25/p75
Implied deal size
$777K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
66
$150K–500K
218
$500K–1M
158
$1M–2M
131
>$2M
156

Deal Flow Over Time

12-month momentum
-12.1%
deal volume vs prior 12 mo
Median loan Δ
+40.2%
138 recent · 157 prior

Financing Profile

Median rate
9.50%
19% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
0%
of loans secured
Median jobs
10
supported per deal
Top lenders in this space
The Huntington National Bank111
Live Oak Banking Company110
Old National Bank27
First Internet Bank of Indiana24
Beacon Bank and Trust19
Where deals happen
FL113
CA54
TX53
MN38
PA31
CO31
NC29
WA27
IL26
WI25
Franchise vs independent
Franchised acquisitions finance at $620K median vs $671K for independents — a -8% franchise discount. Franchises make up 8% of deals tracked.

Recent Comparable Deals

ClosedStateLoanImplied deal
Mar 2026TN$447K$526K
Mar 2026CA$350K$412K
Mar 2026VA$300K$353K
Mar 2026CO$545K$641K
Mar 2026MA$1.6M$1.9M
Mar 2026VA$4.2M$5.0M
Mar 2026NC$2.3M$2.7M
Mar 2026OH$25K$29K
Mar 2026OH$210K$247K
Mar 2026MN$855K$1.0M
Volume rank #6/544Deal-size rank #291/544Momentum rank #216p90 loan: $2.9MData as of Mar 2026

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Extremely low startup cost — basic equipment under $5K to start
  • +Year-round demand in cold climates — freeze-thaw creates continuous new work
  • +Private property owners pay faster and negotiate less than governments
  • +Infrared upsell sharply increases revenue per stop without more labor

Cons

  • -Physical, outdoor work in all weather conditions
  • -Hot asphalt handling requires safety equipment and training
  • -Seasonality in warmer markets reduces winter volume

Best For

Hands-on operators in northern or high-traffic markets who want fast revenue with minimal startup capital

Operating Costs

Operator data shows $100/pothole for basic cold-fill at 25 repairs/day = $2,500/day gross. Asphalt repair owner income reported at $150K-$420K depending on volume. Main costs are cold-patch or hot-mix asphalt material, vehicle, infrared equipment if used, insurance, and marketing. Net margins of 35-40% are achievable once equipment is paid off.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$2K/mo
after debt service
Deal price — $780K
Range: $530K (2×) to $1.6M (3.5×+)
Down payment — 15% ($117K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$117K
15% equity injection
Loan amount
$663K
85% SBA-financed
Monthly payment
$9K/mo
$366K total interest
Monthly profit
$11K/mo
at 36% margin
Monthly cash flow after debt service
+$2K/mo
Down payment paid back in ~61 months

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

Asphalt Kingdom – Pothole Patching Business Guide

Detailed guide on starting a pothole repair business with pricing and equipment data

BizBuySell – Asphalt & Paving Businesses

Acquisition listings for asphalt and pavement maintenance businesses

79/100Excellent

Acquisition Score

Profit margin
24/30
Entry multiple
25/25
Market depth
20/20
Risk (charge-off)
8/15
Deal momentum
2/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
2/5
Buy price
$700K$1.2M

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