Established Line Striping business with 6000+ bids a year.
Hainesport, NJ
| Asking Price: | $1,200,000 |
| Inventory: | $25,000 |
| EBITDA: | $300,000 |
| Established Year: | 2008 |
| Gross Revenue: | $300,000 |
| Rent: | $1,388/Month |
| FF&E: | $75,000 |
Listing ID: 2174717Listing provided by BizBuySell
BUSINESS DESCRIPTION
Huge potential with large gross profits!
Established Line Striping and marking business. Preexisting and returning customer base with over 6000 bid requests a year. Well known name in the area and industry. Very easy to include sealcoat and even epoxy coatings to further expand. This company has grown every year since started and is ready for a bigger company to fulfill the bid flow. Sale includes customer base, all equipment and materials associated, websites, and advertising services with transfer of ownership. Simple numbers of current revenue versus potential with more manpower speak for themselves.
DETAILED INFORMATION
Location
Hainesport, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
01/06/2024
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Rental location with heated storage area approximately 1500sqft. Has 2 standard offices with basic office furniture and supplies. Equipment includes 1 trailer outfitted for daily use on standard jobs. Additional equipment included are multiple stripers, diamond floor grinders, scarifiers, dust collectors, and numerous hand tools. A large amount of stencils including custom stencils, and multiple sets of number stencils of different sizes. 1 enclosed utility truck, a 16' box truck, and a 10k dump trailer. All paints and supplies in support of trade too.
Competition
High market for this trade as it is mostly a maintenance trade and requires being redone.
Competition is average but with the established name and work it is compared to larger companies with less overhead.
Growth & Expansion
Growth is expansive. More bids and work than I can complete at its current size. Enough potential work for multiple crews. Only cons are the potential for different hours needed to perform on certain jobs.
Financing
No
Support & Training
Willing to train the ins and outs of estimating, invoicing, and basic understanding of process and equipment. General knowledge of paints and cleaners. Willing to lead a few jobs for a smooth transition.
Reason for Selling
Amount of workload too large
Home-Based
This business is Home-Based
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