About Us
Pavement Exchange Group, LLC is an Asphalt & Concrete Paving Services Outsourcing Company
"Superior service leads to trust, understanding leads to trust, and willingness to help leads
to trust."
We are a service focused business, specializing in commercial asphalt sales. With over 400 contractors in our data base, we at Pavement Exchange Group, LLC can offer a wide variety of asphalt technicians to execute any size job, be it new pavement or asphalt repairs.
Although based in Charlotte, NC the Pavement Exchange Group covers a massive area ranging from Florida up to Maine, and as far west as California, including provinces in Canada.
Our History
Over twenty years of experience in the asphalt business has led to the
formation of solid relationships with top notch technicians
and an impressive clientelle list.
We work closely with customers and sub-contractors in order to provide all
involved parties with the highest level of satisfaction.
Future Plans
We pride ourselves on being the best, one-call, Asphalt & Concrete Services Outsourcing Company:
How has PEG been impacted by the recession?
To a some degree our business has benefitted from the recession. We enable companies, many of them
quite large, to outsource the numerous tasks that are involved with repaving physical locations, that
they own. We estimate that our clients cut headcount as a result of working with us – this is quite
economical, when compared to the fees we charged for our services. We have also focused on sectors,
that will continue to grow after the recession, e.g. quick serve restaurants and banks. Clients can defer
repaving for a relatively short period of time, but repaving expenditures are generally not optional
over the medium term.
What PEG has done to maintain growth?
We actually plan to increase our revenue and profit growth rate by hiring new salespeople and technical
personnel, by offering new services to clients and prospects, and by pursuing new clients in new
industry segments. Our overall market segment is quite large, i.e. commercial real estate locations
that have parking lots. We are very mindful of growing prudently, i.e. with proper internal
operational and financial controls, and without utilizing excessive debt.
How we expect PEG to perform in 2010?
We expect sales and EBITDA to grow by at least 15%, and perhaps by more if our hiring and financial
plans fall in place quickly. We believe that 15-25% annual growth for the next 3-4 years is attainable.
We are positioned to perform well in 2010 as the economy hopefully improves - our client and prospect
base should also perform better as the economy turns around.
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