How do I find a line striping business for sale?
Search under several names, because striping firms often sit inside paving, sweeping or property-maintenance companies and rarely list as striping alone. Use line marking and parking lot painting as search terms, ask trade suppliers and property managers who they use, and approach owners directly. Ask first about the trucks and the customer list.
Line striping is a small trade, and few owners list a striping firm under that name. The work is often done by a sweeping company, a paving contractor or a property-maintenance outfit that paints lines on the side. That means the search takes a bit of patience. Cast a wide net, expect to hear about a business before you see an ad for it, and keep your first questions short and practical.
Search terms that surface these firms
Try line striping, line marking, parking lot painting and pavement marking, then add your city or region. Check listing sites under maintenance, contractor and services categories as well as paving. A line striping firm may be filed under any of them. Some owners write "parking lot services" and mention striping in a single line of the description, so read past the headline before you move on.
Where the owners actually are
Some striping owners run one or two trucks and may not have thought about a sale. Property managers, paint and line-marking material suppliers, and paving crews know who is busy and who is slowing down. Ask them politely who does good work. A short, respectful letter or call to an owner, saying you are looking to buy a striping firm and keep the name and crew, may start a conversation.
What to ask first
Open with the equipment and the customers. Ask what trucks and striping machines the business owns, how old they are and who services them. Then ask who the repeat customers are, whether they hire on a schedule or call when lines fade, and whether the owner does the painting personally. Those answers show whether the work depends on the owner.
- Ask whether striping is the main work or a side line to paving or sweeping.
- Ask for the customer list by type, such as property managers, retailers or municipalities.
- Ask which jobs repeat each year and which were one-off.
- Ask who holds the layout drawings and records for each lot.
If paving is also on your list, how to find a paving company for sale covers that trade, and what to check before buying a parking lot cleaning business is useful when sweeping comes bundled.
Related reading
11 pages on the same subject, grouped by topic.
Buying
- Expert answerWhat should I check before buying a parking lot cleaning business?
- Expert answerHow do I find a paving company for sale near me?
- Expert answerShould I buy an existing paving company or start one?
- Expert answerFranchised or independent painting company: what should a buyer weigh?
- Expert answerWhich production line equipment should I test at a small co-packer?
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
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