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.
Note: Financials are seller-provided and not audited by Inbar Group ,Inc.
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