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Asphalt striping and seal coating company
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Parking lot striping and seal coating company
Profitable asphalt striping and seal coating business established in 2022, serving the greater Utah market. This home-based operation specializes in parking lot maintenance services, delivering strong financial performance with $200,000 annual revenue and $160,000 seller's discretionary earnings.
Key Business Features:
• Established customer base with high demand and recurring clients
• 70% bid win rate demonstrating market competitiveness
• Seasonal business model benefiting from Utah's winter climate conditions
• Home-based operations reducing overhead expenses
• Complete equipment package valued at $60,000 included
• All inventory transfers with sale
Financial Performance:
• Annual Revenue: $200,000
• Seller's Discretionary Earnings: $160,000
• EBITDA: $200,000
• Asking Price: $410,000
• Strong 80% profit margins
Growth Opportunities:
Substantial expansion potential exists through strategic marketing and workforce development. Current operations rely entirely on repeat customers without advertising investment. The business could scale significantly by adding employees and implementing marketing strategies. Utah's active construction market and climate-driven annual maintenance needs create consistent demand for services.
Training and Support:
Comprehensive training program included covering all operational aspects: equipment operation, bidding processes, machine maintenance, and complete business procedures. Additional training materials available for employee development during expansion phases.
Market Position:
Well-positioned in Utah's asphalt maintenance sector with minimal marketing efforts currently employed. The seasonal nature of Utah winters creates predictable annual demand as customers require regular parking lot repairs and maintenance.
Reason for Sale:
Owners transitioning focus to real estate investments while maintaining operational capabilities.
This turnkey opportunity offers immediate entry into a profitable niche market with established systems, proven demand, and significant scaling potential for motivated buyers seeking a recession-resistant business model.
Key Business Features:
• Established customer base with high demand and recurring clients
• 70% bid win rate demonstrating market competitiveness
• Seasonal business model benefiting from Utah's winter climate conditions
• Home-based operations reducing overhead expenses
• Complete equipment package valued at $60,000 included
• All inventory transfers with sale
Financial Performance:
• Annual Revenue: $200,000
• Seller's Discretionary Earnings: $160,000
• EBITDA: $200,000
• Asking Price: $410,000
• Strong 80% profit margins
Growth Opportunities:
Substantial expansion potential exists through strategic marketing and workforce development. Current operations rely entirely on repeat customers without advertising investment. The business could scale significantly by adding employees and implementing marketing strategies. Utah's active construction market and climate-driven annual maintenance needs create consistent demand for services.
Training and Support:
Comprehensive training program included covering all operational aspects: equipment operation, bidding processes, machine maintenance, and complete business procedures. Additional training materials available for employee development during expansion phases.
Market Position:
Well-positioned in Utah's asphalt maintenance sector with minimal marketing efforts currently employed. The seasonal nature of Utah winters creates predictable annual demand as customers require regular parking lot repairs and maintenance.
Reason for Sale:
Owners transitioning focus to real estate investments while maintaining operational capabilities.
This turnkey opportunity offers immediate entry into a profitable niche market with established systems, proven demand, and significant scaling potential for motivated buyers seeking a recession-resistant business model.
About the Business
- Years in Operation
- 4
- Currently Home Based
- Yes
- Facilities & Assets
- This business includes our highly rated google, striping equipment, seal coat and crack seal equipment, all of the stencils, road paint, brooms, leaf blowers, asphalt packer, also comes with our course if you want to learn the ins and outs of the business. Which would be super helpful not only for the owner. But it has a section for employees as well.
- Website
- https://www.stripingbrothers.com/
- Market Outlook / Competition
- We win a majority of our bids at a rate of 70%. We are Utahs #1 striping company. We haven’t done marketing in a long time for ads. Because we are owner operators and we are staying busy with recurring customers constantly. But if you wanted to scale higher, hire employees and run ads. You could easily make $500k a year or more!
- Opportunities for Growth
- You could scale this business very easily! Especially because there is a lot of new construction going on. And the demand is pretty high due to the winters here in Utah that have customers calling each year to get their parking lot repaired.
About the Sale
- Seller Motivation
- We are going into Real Estate as owner operators can manage both.
- Transition Support
- We have a course put together for the owner. Also, there are sections for if the owner hires employees. To train them on equipment, bidding, cleaning machines, and everything from beginning to end.
Listing Info
- ID
- 2512400
- Listing Views
- 185
Listing ID: 2512400 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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