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Professional, Scientific & Technical Services

Asphalt Repairs/ Sealcoating For Driveways & Parking Lots

Detroit, MI, USA
Listed 47 days ago
Established 1991

The sale price includes trucks and equipment assets. Our high-demand services significantly beautify and more than double the life of asphalt surfaces. Most of our customers return every 1–3 years, creating significant residual revenues. Well-maintained parking lots make our customers’ residences and commercial buildings really POP. This full-service parking lot maintenance company virtually has no organized competition. Almost every building has a parking lot and parking lots deteriorate especially if they are not properly maintained. The demand for our services is very high. In fact, large property managers as well as well-known national chains seek us out for our services. We contract with these organizations to bring them professionally managed services like proprietary line striping, asphalt repair, sealcoating, and crack-filling. Virtually all public and private property owners and managers with existing asphalt assets require these services regularly. Our service team could work 24/7 for emergency work orders. Many of our products are patented, which provides us with excellent margins and profitability. The quality of our products is far superior to what is available on the open market. This makes the demand for our services even higher. This business can be run semi-passively and managed through a general manager. Included in this sale is FF&E, inventories as well as extensive training and ongoing support.

Location

Detroit

Employees

3 Full-Time

Real Estate

Lease

Premises Details

Includes FF&E and Inventory.

Support & Training

Full training and support will be included.

Expansion Potential

High demand allows for long-term growth of this business.

Competition / Market

A recognized authority trusted across the industry.

Financials

Asking Price
$199K
RevenueMost Recent Year
$584K
Earnings (SDE)Last Reported
$181K
Assets Value
Undisclosed
Seller Financing
Yes

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