Parking Management and Enforcement - 31159 Business Type: auto repair,automotive dealers/ auto retail,freight moving/delivery/storage/warehousing,gasoline service station,home-based business,landscaping & yard services,other business services,professional services,seller financing available,misc. service/non-classifiable
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $700,000 | Down Payment | $420,000 |
| Gross Revenues | $300,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $282,780 | Number of FT Employees | Register Free to View |
Financing
$420,000 Down and 280,000 over 3 yrs. @ 6%.
Business Description
Unique Parking Lot Management and Enforcement business. Low overhead, small staff, high-margin. Established in 2005, this business has 45 current parking contracts (many with major chain stores) and 15 snow plowing accounts. The business has been on a steady upward trend for the most recent 18 months.
All contracts are in New Jersey and most parking lot contracts renewable every 3 years. The business generates $225 for every boot. This is a great add on to a property management company, snow plow, landscaping or towing business. In the past year the business grossed approx. $300,000.00 with an owner’s cash flow of approx. $282,780.00.
There is virtually no overhead. We are seeking a serious and financially qualified buyer with at least $420K in liquid funds. All meetings must be scheduled by appointment only! 877-735-5224
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.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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