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Business for Sale

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Worcester, MA

Asking Price$299,900
Annual Revenue$584,750
SDE$204,400

Financial Highlights

Asking
$299,900
Revenue
$584,750
SDE
$204,400

Business Description

This full-service parking lot maintenance company virtually has no organized competition. Almost every building has a parking lot and parking lots deteriorate especially if they are not properly maintained. The demand for our services is very high. In fact, large property managers as well as well-known national chains seek us out for our services. We contract with these organizations to bring them professionally managed services like proprietary line striping, asphalt repair, sealcoating, and crack-filling. Virtually all public and private property owners and managers with existing asphalt assets require these services regularly. Our service team could work 24/7 for emergency work orders. Many of our products are patented, which provides us with excellent margins and profitability. The quality of our products is far superior to what is available on the open market. This makes the demand for our services even higher. This business can be run semi-passively and managed through a general manager. Included in this sale is FF&E, inventories as well as extensive training and ongoing support. Asking Price: $299,900 Furniture / Fixtures and Inventory / Stock included Sales Revenue: $584,750 Cash Flow: $204,400 2 leased trucks and other valuable equipment assets needed for daily operations are included in the sale price. Most of our client base returns every 1–3 years, creating significant residual revenues.

Business Details

Location
Worcester, MA

Growth & Value Simulator

Why this is here: If you buy this business and grow revenue while expenses stay flat, that extra revenue usually drops to the bottom line. A modest growth rate can translate into a much higher exit value because buyers price businesses on earnings × a multiple.
Assumes expenses stay flat.
Minimum 2.5× is common on main-street deals.
Base Revenue
$584,750
Base SDE (today)
$204,400
Implied Value (today)
$511,000 @ 2.50×
Year 3 Revenue
$676,921
Year 3 SDE (flat expenses)
$296,571
Year 3 Implied Value
$741,428 @ 2.50×
Added value after 3 years (vs. today)
$230,428
Assumes revenue grows by 5.0% per year, expenses stay the same, and the valuation multiple stays constant at 2.50×. This is a quick, directional gut-check — not a forecast. Real-world costs and multiples can change.