Parking Lot Maintenance in Newport News, VA
Construction & Contracting · General Contractors
- Asking Price
- $475K
- Cash Flow
- $325K
- Gross Revenue
- $1.8M
- EBITDA
- $61K
- Location
- Newport News, VA
Recurring service contracts for public and private asphalt assets drive the consistent revenue stream for this operation. The business specializes in lot maintenance and striping, utilizing proprietary overlay materials that offer a superior, high-demand solution compared to competitors. An average service ticket exceeding $3,000 reflects the value provided in maintaining high-level parking lot aesthetics and functionality. This model, characterized by few employees and a general manager's oversight, allows for semi-passive ownership. A late-model van, striping machines, and all essential equipment are part of the sale, ensuring seamless operational transfer.
SBA 7(a) estimate
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