Driveway & Parking Lot Asphalt Repairs/Sealcoating

PITTSBURGH, Pennsylvania

Asking Price $199,000 Year Established 1991
Annual Revenue $584,000 Reason for Selling  
Annual P/L $0 Attention Michael D.
Annual Cash Flow $181,000 Listing Number 1000900  
# of Employees 3 Business Category Services: Construction, Contractors

Business Overview:

Equipment assets and trucks are included in the asking price. Our high-demand services significantly beautify and more than double the life of asphalt surfaces. Most of our customers return every 1–3 years, creating significant residual revenues. Well-maintained parking lots make our customers’ residences and commercial buildings really POP. This full-service parking lot maintenance company virtually has no organized competition. Almost every building has a parking lot and parking lots deteriorate especially if they are not properly maintained. The demand for our services is very high. In fact, large property managers as well as well-known national chains seek us out for our services. We contract with these organizations to bring them professionally managed services like proprietary line striping, asphalt repair, sealcoating, and crack-filling. Virtually all public and private property owners and managers with existing asphalt assets require these services regularly. Our service team could work 24/7 for emergency work orders. Many of our products are patented, which provides us with excellent margins and profitability. The quality of our products is far superior to what is available on the open market. This makes the demand for our services even higher. This business can be run semi-passively and managed through a general manager. Included in this sale is FF&E, inventories as well as extensive training and ongoing support. Contact Michael for detailed information about this business.

Property Features and Assets:

<p>Includes FF&E and Inventory. Contact for detailed information about this business.<br></p>

Market Competition and Expansion:

<p>Highly respected name in the industry. Continual demand allows for long-term growth of this business. <br></p>

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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