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Parking Lot Equipment Supplier

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$225,000 $259,796 $76,926

Inventory Value:
$40,000 ( not included in the asking price)

Business Summary:
LISTING ID # 36198The 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. For further inquiries, please contact the listing broker, Brian Bernstein, at 929-969-0007.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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36198 for instant access to this business information.

 
   
   
Year Business was Established: 2018
   
Number of Employees: 1 FT  
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
   
Reason for selling: Other business  
   
This business is Home Based.  
 

 

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