Industry Disruptor: Parking Lot Maintenance/Repair Business
Asking Price: | $239,000 |
Gross Revenue: | $718,320 |
Cash Flow: | $208,300 |
Established Year: | 2017 |
Equipment assets are included in the sale price. 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. We have solved this problem. 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. Our proprietary products and services extend the life of a parking lot double what traditional maintenance programs provide. In addition, our maintained parking lots make our customers building really stand out. Because of this we have excellent reoccurring revenue. Services we offer include: custom stenciling (branding), power washing and parking lot accessory installation such as speed bumps, parking blocks, signs and more. Virtually all public and private property owners and managers with existing asphalt assets require these services regularly. We also provide interior floor coating applications for safety lines, slip resistant and protective epoxy floor coatings in industrial centers. Our service team has the ability to work 24/7 for emergency work orders. Many of our products are patented which provides us excellent margins and profitability. The quality of our products is far superior to what is available on the open market. This drives 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.
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