For Sale
Located in Southern Florida, business specializes in multi-phase public & private traffic striping, from surface preparation, marking removal, layouts, pressure washing and bumpers, to installations of ground-mounted signage, traffic control products, thermoplastic applications, grinding, shotblasting and sealcoating.
Boasting over six decades of experience in collaborating blueprint plans, drawings, specifications and measurement surveys with clients, an impressive two-year thrive in business was seen amidst the pandemic showcasing $3 Million in annual sales. Though Seller finds this as exceeding the desired performance, a strategic Buyer could take advantage of the labor force to stabilize these figures as potentials exist in taking profits to the next level through continued contracting, allowing both reliable income & seamless growth. Despite passing up private projects, Revenues totaled $1,312,000 in 2023 alongside Discretionary Earnings of $323,000, with next year’s Projections reaching $1.8 Million and SDE’s up to $600K! Preferably sold with the business, their state-of-the-art location carries recent electrical updates, with two 6,000-sq.ft. facilities found in prime conditions; the first building featuring a loft, warehouse with yard, and offices, while the second site includes storage, office space and a private shop.
As Florida’s year-round developments assure a steady stream for new construction and numerous projects offers throughout the state, company’s outstanding reputation derives revenues from Aviation Airfields (60%), Commercial Markets (25%), Private Jobs (8%), and Municipal Work (7%). The skilled team of eight non-union employees agree to remain post-sale and continue quality-focused operations after a smooth transition period, with owner exiting manager role and staying on as an estimator. Thanks to great responses via Blue Books for over two decades, company’s presence with DBE-website promotions and online engagement fortifies verbal referrals from clients, their networking events & industry relations!
