Listing Number: 5182-919908
Description
This sealcoating and parking lot striping business has been around for almost 50 years! This business provides sealcoating, parking lot striping, and maintenance services in the greater Knoxville metro area. They also install signposts (stop signs, handicap signs, etc.), wheelstops and bollards. Of the two retiring current owners, one works 20-25 hours, and the other works 10-15 hours per week, both in a managerial/operational/admin/semi-absentee capacity. They do not typically do the sealcoating or striping themselves. This operation employs one salaried and two hourly employees who work as needed, anywhere from 20-40 hours per week depending on the workload. Owner offers bonuses in addition to regular pay.
Most commercial business comes in by phone. This business operates by word-of-mouth and connections with various construction and asphalt related companies. Business may also come from organic search, or from job sites. Does not do a lot of government or bid work as it hasn’t been necessary, nor a lot of advertising; they do not have a “sales staff”.
This is a great opportunity to own a long-established business, a good income, and the ability to scale this established business with name recognition and a demand for their services. Male/Female friendly operation Seller will introduce new owners to current clients, and train thoroughly to ensure a super smooth transition.
Request a Non-Disclosure Agreement (NDA) today to learn more about this business.
Listing Details
- Price: $ 675,000
- Down Payment: $675,000
- Sellers Discretionary Earnings: $ 245,299
- Total Sales: $ 580,544
- Location: Knoxville, Knox County, Tennessee
- Inventory: $ 15,000
- FF&E: $ 200,000
- Employees: 3
- Year Established: 1976
- Reason for Selling: Retiring
- Category: Construction
