Pavement Marking Company in Eastern USA (East of the Mississippi River)

Price: $1,650,000

Location: Augusta, ME

Industry: Non-classifiable Establishments

Listing ID: CM112123

***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, 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 asking price)

Inventory: $95,000 (additional to 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

 

Opportunities for growth: Purchase additional equipment to service major highways.

Listing Details

Gross Revenue: $1,100,000

Cash Flow: $375,500

FFE: $519,000

Inventory: $95,000

Reason For Sale:

Owner is seeking retirement

Operation

Year Established: 2011

Days & Hours of Operation: Monday-Friday

Non-Owner Payroll: $261,000

Employees: 2 FT, 1PT, 5 seasonal

Location

Monthly Rent: 3650