SmartPark Access: Automated Parking Solution in Los Angeles

SmartPark Access

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Financial Details

Asking Price:
$100,000
Annual Revenue:
$300,000
Cash Flow / SDE:
$65,000
Profit Metric:
Seller's Discretionary Earnings
Valuation Multiple:
1.5x
Location:
Los Angeles, CA, US
Source:
Date:
October 07, 2025

Key Highlights

Innovative, hands-free parking solution leveraging LPR and camera technology for seamless entry/exit.
Unique market position with few direct competitors offering a fully integrated, automated experience.
Scalable business model with strong growth potential in smart city infrastructure and high-traffic areas.

Description

SmartPark Access offers a cutting-edge, hands-free parking solution for Los Angeles, utilizing advanced license plate recognition (LPR) and camera-based gate automation. This innovative system provides drivers with a seamless, contactless experience, eliminating the need for tickets and reducing wait times. The business is well-positioned in a market dominated by traditional parking, offering a unique, fully integrated, and future-ready alternative. Key operational features include 24/7 surveillance, real-time space tracking, and secure payment processing. The business is built for scalable growth, with modular architecture suitable for various facility types, and is expanding into high-traffic areas. The owner is retiring, and comprehensive transition support, including training and ongoing technical assistance, is provided. The operation is currently home-based and leased, with $20,000 in FF&E included in the asking price.

Industry Information

Industry Description:
Parking Technology and Services
Classification:
Service Businesses

Operational Snapshot

Year Established:
2020
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Leased

Assets & Inventory

FF&E Value:
$20,000 USD
Includes FF&E:
Yes
Includes Inventory:
No

Broker Contact

Name:
joe parker

Listing Details

Listing ID:
d7a1e897-2e81-4310-946e-2eaac95503cc
Source Listing ID:
2420856
Deal Status:
For Sale
Last Updated:
October 07, 2025
Currency:
USD

Features & Tags

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