Driveway & Parking Lot Maintenance Franchise
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other business interests.
Description Recession resistant repair business: driveway & parking lot maintenance franchise in prosperous Fairfield county. Crack fill and sealant application. Self-contained, seasonal business, all equipment housed in nearly new, attractive truck. Financials available for a partial season. Got franchise late in summer and only did 8 weeks. Profit is 23 - 27% after annual corporate franchise royalties. Corporation gets 5% on first $200k, then 4%. Franchise corp. Does advertising (ad fee = 0.5% of gross) and runs excellent website. Average 1,200 sq ft driveway costs $450 - 500 depending on how many cracks. Take over $35k note left (as of nov '08) on truck or pay it all off up front. Includes truck, 850 gal sealcoat tank, leaf blower, blower broom, crack melter & applicator. Whole operation inside the truck. Great for owner / family with other seasonal business. Contact for more information on this Driveway & Parking Lot Maintenance franchise for sale.
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