Local: Parking Surface And Asphalt Sealcoating Company For Sale

Description

Business type: asphalt maintenance and parking lot services business

Current status: established operating business

Customer markets: residential and commercial

Revenue model: recurring maintenance services

Services

• Asphalt sealcoating
• Crack filling
• Line striping
• Asphalt repairs
• Parking lot maintenance
• Residential driveway maintenance

Customers

Customer base: recurring

Typical repeat service interval: every 1 to 3 years

Repeat maintenance revenue: established

Residential property owners: active customer segment

Commercial property owners: active customer segment

Large property manager relationships: established

National chain relationships: established

Assets included

Leased trucks: 2

Operational equipment: included

FF&E: included

Inventory: included

Operations

Market demand: stated as strong

Organized competition: stated as limited

General manager model: possible

Semi-passive ownership: potential according to the source

Proprietary line striping: included in service offering

Patented products: used in operations

Margins: stated as strong

Profitability: reported as profitable

Training and support

Training: extensive

Ongoing support: included

Expansion options

• Increase recurring maintenance accounts
• Expand residential driveway services
• Expand commercial parking lot services
• Develop additional property management relationships
• Develop additional national account relationships