Premium Valet Parking & Shuttle Service Company

Seatac, WA (King County)

Premium Valet Parking & Shuttle Service Company
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Asking Price: Get Financing: $3,000,000

Cash Flow: N/A

Gross Revenue: $3,400,000

EBITDA: $628,000

FF&E: $650,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1952

Premium Valet Parking & Shuttle Service Company

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Business Description

Premium Airport Parking Company near SeaTax Airport

Premium airport valet parking service provider near Seattle-Tacoma International Airport is available for purchase. This is an established business that is positioned to benefit from one of the fastest growing airports in the USA.

The Company allows members to reserve their parking spot online, which provides for a more consistent way to forecast capacity requirement. The company operates multiple small lots near the airport that serve the main facility, while maintaining access to a larger remote lot when needed. Providing guaranteed, exceptional services to members has allowed them to grow from one to six lots while building a loyal customer base throughout the region.

The company serves over a million loyal customers on an annual basis and poised to continue to grow as the local economy and the expanded use of SeaTac Airport continues to thrive.

Devotion to customer service and continuous learning of new ways to serve customers, better ensures that customers get an exceptional experience that is within their budget and meets their needs.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
48
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6 lots used for parking vehicles
Competition:
Other airport parking companies in the area, but none that provide this level of service and have such a large, active client base.
Growth & Expansion:
Can continue to add lots and open more satellite drop off locations.
Support & Training:
Good management team and owners willing to stay to train.
Reason for Selling:
Time to retire and let someone take it to the next level
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Contact the Seller

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Chris Falco, CPA, CBI, CM&AA

Business Listed By:
Chris Falco

Falco Sult Financial Services

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