Growing Est. Valet Parking & Traffic Business

Not Disclosed, NJ
Morris County


Asking Price: Annual Revenue:
$599,000 $331,964

Services: Business & Office Services

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RE: Growing Est. Valet Parking & Traffic Business Broker: John Inzilla

Quick Facts

Asking Price: $599,000
Annual Revenue: $331,964
Net Profit: Not Disclosed
Cash Flow: $248,339
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 50
BBN Listing #: 13224955
Broker Reference #: 3410-17337

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Business Overview:

Business is absolutely turnkey with established repeat customers, reliable workers and plenty of room to grow. Covers a wide geographic area mostly in North Jersey and has good reputation and name recognition.

Contracts with hotels, restaurants, catering halls, country clubs, sporting events, car dealerships, corporate buildings, private events, concerts, conventions, amusement events and many others to provide valet parking and traffic directing services.

Very simple business to run - owner spends 15-20 hours/week on scheduling, hiring, bookkeeping, and booking new contracts. No overhead, no retail or office location required, no heavy equipment, vehicles, or leases. No Headaches!

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Property Features and Assets:

No facilities needed! Assets = $10,000

Market Competition and Expansion:

There are only a few other companies that provide similar services but this business has been established for nearly 30-years and is one of the largest most reputable in the area. The area has a large demand for valet and traffic directing services. Increased sales and marketing or a dedicated salesperson can increase sales. Also, increased utilization of social media, Google AdWords and optimization of the website along with email campaigns can raise awareness and open new opportunities.

Reason for Selling:

Owner 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.

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