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Parking Lot Striping Franchise Looking to Expand in the Midwest
Asking price available with NDA.
Cash Flow: No Data
Gross Revenue: No Data
EBIT DA: No Data
FF&E: No Data
Inventory: No Data
Established: 2022
Type: Franchise
Business listed by:
Steven Denny
Innovative Business Advisors LLC
636-699-8044
Business Description:
Striping falls in line with paving, seal coating, repairing, and other pavement services but stands alone. Striping is typically the one service not provided by typical paving companies. These companies, as well as individual business customers, seek out striping specialists to add the finishing touches to their projects.
Industry Stats:
• By 2050, commercial building floor space is expected to reach 124.3 billion sf, a 33% increase from 2020.
• Education, mercantile, office, and warehouse/storage buildings make up 60% of total commercial floor space & 50% of buildings.
• The US Census Bureau states the US’ population is currently comprised of 328 million people. According to Bloomberg, the US has over 2 billion parking spots for about 250 million cars.
Business Highlights:
- Low Overhead
- Home Based Opportunity
- Growing Industry
- Recession & Pandemic Resistant
- Ongoing Marketing Support, Including National Call Center
Investment Range: $198,000 to $379,000.
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