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Parking Lot Equipment Manufacturer for Sale in Silicon Valley

Reference #: 41480051
Location: Silicon Valley
Price: $1,000,000
Amount Down: $1,000,000
Revenues: $1,500,000
Discretionary Earnings: $374,000
Total Assets: $0
Business Description: This company manufactures and sells Parking Access and Revenue Control Systems (PARCS). They design and build parking equipment to meet any performance specification. All equipment is produced in the USA. The principal founders are involved hands-on with every aspect of manufacturing operation. They oversee and direct all research, design, engineering, cost-analysis, fabrication, assembly, delivery, installation, training and service. They design the software that operates all the equipment including remote troubleshooting and system diagnostics. Sellers are willing to stay on for an extended period for the new owners. The ideal buyer is someone who understands the parking industry with sufficient funds to grow the business. Technology companies related to the parking control industry with general management and business growth abilities is the ideal buyer for this business.


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.