Asking Price: $2,300,000
Cash Flow: $907,800
Gross Revenue: $4,000,000
Well-established company specializes in roadway and parking lot striping. Family-owned and operated for 20 years. SBA Pre-qualified with Seller Financing!
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 Accounts Receivables can also be purchased with the business.
Asking Price:
$2,300,000 plus up to $1,000,000 in Accounts Receivables (TBD at time of close)
