Hot Listing
Recession Proof 20-year Roadway & Parking Lot Striping Business
Business Description
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)
-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)
About the Business
- Years in Operation
- 21
- Number of Employees
- 17
- Facilities & Assets
- Days & Hours of Operation: 7 day operation |
Owner Hours Per Week: Full time |
Lease Info: 25,0000 square ft. yard with attached warehouse and office spaces. $13,500 per month
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 25,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner is willing to stay on for 1 year.
Listing Info
- ID
- 2294384
- Listing Views
- 7798
Listing ID: 2294384 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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