Parking Lot Striping Business Looking to Expand in the Midwest

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Parking Lot Striping Business Looking to Expand in the Midwest

Listed by Business Broker
Parking Lot Striping Business Looking to Expand in the Midwest

Asking price available with NDA.

Cash Flow: No Data

Gross Revenue: No Data

EBIT DA: No Data

FF&E: No Data

Inventory: No Data

Established: 2022

Type: Franchise

Business listed by:
Steven Denny
Innovative Business Advisors LLC

Business Description:

Striping falls in line with paving, seal coating, repairing, and other pavement services but stands alone. Striping is typically the one service not provided by typical paving companies. These companies, as well as individual business customers, seek out striping specialists to add the finishing touches to their projects.

Industry Stats:

• By 2050, commercial building floor space is expected to reach 124.3 billion sf, a 33% increase from 2020.
• Education, mercantile, office, and warehouse/storage buildings make up 60% of total commercial floor space & 50% of buildings.
• The US Census Bureau states the US’ population is currently comprised of 328 million people. According to Bloomberg, the US has over 2 billion parking spots for about 250 million cars.

Business Highlights:

- Low Overhead
- Home Based Opportunity
- Growing Industry
- Recession & Pandemic Resistant
- Ongoing Marketing Support, Including National Call Center

Investment Range: $198,000 to $379,000.

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