Local Company- Parking Surface/Asphalt Sealcoating

WORCESTER, Massachusetts

Asking Price $299,900 Year Established 1991
Annual Revenue $584,750 Reason for Selling  
Annual P/L $0 Attention John F.
Annual Cash Flow $204,400 Listing Number 1007496  
# of Employees 5 Business Category Services: Construction, Contractors

Business Overview:

2 leased trucks and other valuable equipment assets needed for daily operations are included in the sale price. Most of our client base returns every 1–3 years, creating significant residual revenues.
Our high-demand services significantly beautify and more than double the life of asphalt surfaces. We specialize in enhancing driveways, parking lots, and more. Our core services include asphalt sealcoating, crack filling, line striping, and various other repairs.
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 John 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>Popular name in the industry. High demand, continual long-term growth 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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