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Pavement Marking Company In Eastern Usa For Sale

Augusta, Maine, US
Asking Price:
$1,650,000
Sales Revenue:
$1,100,000
Cash Flow:
$375,500

Confidential Listing. Not in the indicated location.

This pavement marking company puts down stripes and markings on everything except major Interstate highways – and could be expanded to include those as well.

Typical jobs include town roadways, helipads, airport runways, crosswalks, company & shopping center parking lots, and removal of old lines.

Materials (paints, glass beads, etc. all meet federal specifications.

They offer markings with regular paint, reflective glass beads, and thermoplastic striping.

Markings include regular striping in white, yellow, and other colors, stenciled directional markings (arrows), blue ADA-approved handicapped markings, and more.

This is a rock-solid, turnkey business that needs nothing to keep it running as a cash cow.

Financials

Asking Price: $1.65M.
Gross Revenue: $1.1M.
Cash Flow: $375,500.
FF&E: $519,000 (additional to the asking price).
Inventory: $95,000 (additional to the asking price).
Real Estate: Leased at $3,650 + utilities.
Year Established: 2011.
Employees: 2 FT, 1PT, 5 seasonal.
Payroll: $ 261,000/year.
Hours of Operation: Monday-Friday.
Reason for Sale: Retirement.

Property Information

Real Estate:

Lease

Lease Terms:

Utilities are not included in the lease

Leasehold Rent:

3,650 monthly per annum

Location:

Confidential Listing. Not In Indicated Location

Business Operation

Expansion Potential:

Purchase additional equipment to service major highways.

Reasons for selling:

Owner is seeking retirement

Trading hours:

Monday-Friday

Employees:
2 FT, 1PT, 5 seasonal
Years established:
13

Other Information

Furniture / Fixtures value:
$519,000
Inventory / Stock value:
$95,000