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Business for Sale

Parking Lot Equipment Supplier in New Jersey
Middlesex County, NJ

Listing #36198

   
Financial Information (non-confidential)
Asking Price $225,000.00 Gross Revenues $259,796.00
Down Payment $225,000.00 Owner’s Cash Flow $76,926.00

Financing: $225,000.00 Down and

Reason for Selling:Other business

The riches are in the niches. An independently operated business specializing in parking lot equipment is now on the market. This company focuses on supplying parking automation equipment and controls primarily to architects and construction professionals for projects nationwide. For installation, the company partners with local contractors and engineers located within the project's vicinity. Following installation, the owner arranges for an engineer to fly in for programming and setup. Projects are predominantly secured through construction bid platforms. The company offers solutions designed to improve the efficiency of guidance, access, and security measures in parking facilities nationwide, addressing a variety of challenges encountered by parking operators. Its clientele includes privately owned parking lots as well as those affiliated with major hospital systems and universities. Additionally, the company provides ongoing support, with clients opting to pay either annually or per service call, thereby generating residual income, which constitutes approximately 20% of its revenue. The seller is committed to facilitating a seamless transition and is open to entering into a consulting agreement with the buyer. This is currently run as a work from home business with no employees, solely 1099 contractors. To learn more about this listing, please contact the broker, Marie Goldstein at 877-735-5224.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
Servicing Area:
All of NY
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Marie Goldstein

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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