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- RE: Parking Lot Maintenance & Repair-Southeastern NC
- Contact: Ben Shaw
Quick Facts
Asking Price: | $375,000 | |
Annual Revenue: | $539,482 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $156,291 | |
Total Debt: | Not Disclosed | |
FF&E: | $125,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | 8 | |
BBN Listing #: | 995228 | |
Broker Reference #: | 1301-19006 |
Business Overview:
This North Carolina-based parking lot maintenance company provides sealcoating, striping, crack repair, and asphalt patching services throughout a multi-county region, with a strong concentration in the Wilmington metro area. Known for delivering dependable, high-quality work, the company has quickly built a base of repeat commercial clients, including property managers with recurring needs across multiple sites. Operations are supported by a foreman and W-2 field crew, while sales are handled primarily through 1099 reps. Work is generally scheduled March through November due to seasonal temperature requirements, with sealcoating representing the largest portion of revenue and painting/striping offering the highest margins.
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Property Features and Assets:
The company leases a centrally located property with on-site office space, bathroom facilities, and covered outdoor storage. The site offers sufficient room to support additional equipment and workforce growth, making it an operationally efficient base for a service-focused business.
Assets = $125,000
Market Competition and Expansion:
Operating in a growing region, the company competes with a handful of small local parking & surface maintenance providers but stands out for its professional approach, customer service, and operational consistency. Workload demand has exceeded current labor availability, leaving room to increase market share.
Growth opportunities include expanding into asphalt paving, increasing labor capacity, and enhancing marketing outreach. The company currently turns down less desirable work, indicating latent demand and growth headroom.
Reason for Selling:
Owner is looking to streamline and focus on other businesses. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
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