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There is a MASSIVE NEED for a Parking Lot Striping Business because most businesses do not have the know how or equipment to do it their self. They need a contractor. The MASSIVE opportunity is that there is not enough Parking Lot Striping companies! You can take advantage of this by starting one today. How much does it Cost: Truck & Trailer: $30K Equipment and Inventory: $7,000 Insurance: $1,000 START UP COST: $38,000 HOW MUCH CAN WE MAKE/CASHFLOW Average Per Job Revenue: Small/Medium Lot: $450 Large Lot: $3,000 Profit Margin: 30% Net Profit, you should be charging 60% over your labor/raw material cost. Average jobs per week: 20 Small Lots week = $450 = $9,000, 1 Large Lot $3,000 ====$12,000 a week. $12,000/week = $48K/month = $576,000/year CASHFLOW: Profit Margin with Labor/Equipment/Etc. = 30% $14,400K profit per month = $172,800/ year profit! Positives of this business: Profitable Always needed. TRADES Think of ways it will fail: JOBS – Network with Property Managers, Website with SEO, Facebook, Call Commercial Buildings, Door to Door of old parking lots. Quality: Need to be experienced Showing up on time: Scheduling being organized. Employees: Start thinking of how you can find good help. Legal Up LLC Insurance Customer Agreement #asphalt #contractor #construction #constructionlife #contractors #businessideas #businessidea #passiveincomeideas