SmartPark Access: Automated Parking Solution in Los Angeles
SmartPark Access
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
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