The company was founded in 1981, 39 years ago, and has been owned and operated by the original founder the entire time. They have always been home based, utilizing only a small storage space for the equipment.
They specialize in the layout and painting of parking lots. Painting parking lots also involves laying out a plan for the space. This plan must contain the required number of parking spaces and cross walks, must meet handicapped requirements and must take into consideration any special requests from the client.
The company’s customer list contains many well-known companies. They have amassed a large data base of client companies over the years which generates numerous referrals and repeat business. A complete list of customers is available for review during due diligence. Any business or organization which supplies parking facilities for their customers, or the general public is a potential client. A few of the prominent business categories their customers come from are as follows:
These are just a few examples of the types of potential clients needing this company’s services.
Internet marketing is the most important aspect of growing this company to the next level. First, there is a tremendous opportunity to hire someone who has a working knowledge of internet advertising and to develop a presence on the business referral sites such as Angi, Home Advisor and the numerous contractor referral sites available on-line.
Development of a company web site. A simple informational site with referrals, reviews, job requirements, history, contact information and a strong search engine optimization program would go a long way to increasing their customer base as well as expanding their presence into a larger target market area.
This is the perfect opportunity to acquire a small company at a great price. For the right buyer this is the opportunity of a lifetime… The growth potential has no limits.
Tait & Associates Business Brokers
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