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- RE: Parking Lot Striping Business
- Contact: Linn Crader
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $267,241 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $114,273 | |
Total Debt: | Not Disclosed | |
FF&E: | $110,504 | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 2 | |
BBN Listing #: | 992886 | |
Broker Reference #: | 8101-18939 |
Business Overview:
The Company is a reputable and well-established parking lot striping business with strong name recognition both locally and within the industry. The sale includes a loyal customer base, all vehicles (trucks and trailers), equipment, materials, the company website, business phone number, and existing advertising services. The business is suitable for an owner-operator or can be scaled with additional employees. The current owners are committed to providing hands-on training covering estimating, invoicing, and essential operations, including equipment use. They are also willing to lead a few jobs to ensure a smooth and successful transition.
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Property Features and Assets:
The business is home-based with an office in the Owner's home and a large shop for equipment and storage.
Assets = $110,504
Market Competition and Expansion:
The Company has direct competition from small and medium-size businesses. The Company's advantages are their reputation built over 30 years of relationships and their responsiveness to customer needs with prompt service and quality workmanship.
The asphalt maintenance and paving industry is experiencing significant growth opportunities, fueled by increased infrastructure spending and a growing need for maintenance and rehabilitation of existing pavements. Federal, state and local funding are investing in pavement maintenance and rehabilitation programs. Existing roadways, parking lots, garages, etc. require consistent maintenance and repair to address wear and tear, creating a steady demand for pavement services. Population growth and commercial and residential construction projects increase the wide-open potential for growth.
Reason for Selling:
The Owners are retiring.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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