Parking Lot Striping Company

The company was founded in 1981, 39 years ago, and has been owned and operated by the original founder the entire time. They have always been home based, utilizing only a small storage space for the equipment. They specialize in the layout and painting of parking lots. Painting parking lots also involves laying out a plan for the space. This plan must contain the required number of parking spaces and cross walks, must meet handicapped requirements and must take into consideration any special requests from the client. The company’s customer list contains many well-known companies. They have amassed a large data base of client companies over the years which generates numerous referrals and repeat business. A complete list of customers is available for review during due diligence. Any business or organization which supplies parking facilities for their customers, or the general public is a potential client. A few of the prominent business categories their customers come from are as follows: • Numerous commercial real estate developers. • Shopping Center developers and management companies. • School districts. • Churches. • Office Buildings. • City, County and State government. • Oil and gas companies. • General contractors. • Warehouse facilities. These are just a few examples of the types of potential clients needing this company’s services. Internet marketing is the most important aspect of growing this company to the next level. First, there is a tremendous opportunity to hire someone who has a working knowledge of internet advertising and to develop a presence on the business referral sites such as Angi, Home Advisor and the numerous contractor referral sites available on-line. Development of a company web site. A simple informational site with referrals, reviews, job requirements, history, contact information and a strong search engine optimization program would go a long way to increasing their customer base as well as expanding their presence into a larger target market area. This is the perfect opportunity to acquire a small company at a great price. For the right buyer this is the opportunity of a lifetime… The growth potential has no limits. Location: Texas Year Established: 1981 Number of Employees: 1 Home Based: Yes Real Estate: Owned Facilities: The company started out by renting a small storage facility in which the equipment was kept when not in use. They currently operate in a metal storage building erected on the owner’s residential property. The buyer of the business could continue to use the current storage location at the owner’s residence for a rental fee to be negotiated as part of the purchase agreement, purchase the real estate from the seller or relocate the business to a location of the buyer’s choice. Market Outlook/ Competition: Very little viable competition in this area. Growth & Expansion: The company has a current client list of 410 customers. They continue to get substantial jobs and referrals for new customers through this list. Internet marketing is the most important aspect of growing this company to the next level. First, there is a tremendous opportunity to hire someone who has a working knowledge of internet advertising and to develop a presence on the business referral sites such as Angi, Home Advisor and the numerous contractor referral sites available on-line. Development of a company web site. A simple informational site with referrals, reviews, job requirements, history, contact information and a strong search engine optimization program would go a long way to increasing their customer base as well as expanding their presence into a larger target market area.