Recession Proof 20-year Roadway & Parking Lot Striping Business
| Asking Price: | $2,300,000 |
| Gross Revenue: | $4,000,000 |
| Rent: | $13,500 |
| FF&E: | $500,000 |
| Cash Flow: | $907,800 |
| Inventory: | $250,000 |
| EBITDA: | $771,050 |
| Established Year: | 2004 |
Well-established company specializes in roadway and parking lot striping. Family owned and operated for 20 years. Services include:
-Thermoplastic roadwork & parking lot striping (small parking lots to large mall lots)
-Seal coating
-ADA upgrades
-Comprehensive pavement solutions
Operating primarily in the San Francisco Bay Area, the business has earned a solid reputation for quality work and reliable service. Strong reputation with repeat and new business. Services include:
1. Roadway striping and stenciling (thermoplastic).
2. Parking lot striping & stenciling.
3. Roadway Striping.
4. Small Asphalt Repairs.
5. Pothole Repairs Crack Repair.
6. Sealcoat applications Asphalt repairs.
7. ADA compliance upgrades for parking lots.
8. Sign, bollard installation & repair.
9. Survey monument repair 10 Parking Lot Layout and Striping.
10. Playground and game court painting.
Sales
2023: $4,045,411
2022: $4,026,740
2021: $3,577,812
Growth Opportunities
• Significant potential to implement updated systems and marketing strategies.
• Increasing infrastructure spending and demand for road and parking lot repainting - Thermoplastic coating projected as the fastest-growing segment, capturing over 23% of revenue in 2023.
• Established client base with over 80 clients and room for expansion through certifications -Potential to extend regional reach beyond current operations in the Bay Area, Oregon, and Washington.
• Owners work full time in the business (remote and on job site).
• Expansion of Asphalt services and increased bidding of public sector contracts.
Note: $1M of Account's Receivables can also be purchased with the business.
Asking Price:
2,300,000 plus up to $1,000,000 in Account's Receivables (TBD at time of close)
