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BIZBITE

Parking Lot Lighting Maintenance

A compliance-heavy niche where one burned-out pole light becomes a liability problem

Bottom line

Worth studying, but do not buy without strong local proof.

Parking lot lighting maintenance companies repair pole lights, wall packs, shoebox fixtures, sign lighting, photocells, and LED retrofits for shopping centers, industrial parks, self-storage facilities, restaurants, and multifamily properties. The surprising angle is that customers are buying risk reduction as much as electricity: dark lots create security issues, tenant complaints, and slip-and-fall liability, so property managers happily outsource the headache.

62
Acquisition score
Strong

Avg Revenue

$420K

Profit Margin

26%

Acquisition Multiple

2.2x - 3.6x

Startup Cost

$50K - $220K

How It Works

Technicians inspect lighting assets, replace lamps and drivers, repair wiring and photocells, and recommend LED upgrades or pole replacements. Revenue comes from service-call work, night inspections, monthly maintenance agreements, and retrofit projects that lower utility bills for property owners.

Revenue Range

Low End
$150K
Typical
$420K
High End
$1.2M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 238210 · Electrical Contractors and Other Wiring Installation Contractors

Deals tracked
289
109 in last 24 mo
Median loan
$832K
$350K–$1.9M p25/p75
Implied deal size
$979K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
28
$150K–500K
70
$500K–1M
69
$1M–2M
56
>$2M
66

Deal Flow Over Time

12-month momentum
-37.3%
deal volume vs prior 12 mo
Median loan Δ
-4.9%
42 recent · 67 prior

Financing Profile

Median rate
10.00%
10% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
0%
of loans secured
Median jobs
12
supported per deal
Top lenders in this space
The Huntington National Bank25
Live Oak Banking Company20
First Internet Bank of Indiana10
First Bank of the Lake9
Fulton Bank, National Association6
Where deals happen
FL29
MN27
CO24
TX20
CA16
MI11
UT10
WA10
NC9
NY8

Recent Comparable Deals

ClosedStateLoanImplied deal
Mar 2026CA$930K$1.1M
Mar 2026NJ$426K$501K
Mar 2026FL$1.1M$1.3M
Mar 2026MA$2.0M$2.3M
Jan 2026KS$414K$487K
Jan 2026OH$1.2M$1.4M
Jan 2026NC$724K$852K
Jan 2026FL$935K$1.1M
Jan 2026OR$75K$88K
Jan 2026OR$375K$441K
Volume rank #25/544Deal-size rank #212/544Momentum rank #296p90 loan: $3.4MData as of Mar 2026

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Recurring maintenance agreements with property managers and HOAs
  • +LED retrofit projects create larger one-time jobs
  • +Customers care more about speed and safety than bargain pricing
  • +Strong adjacency to signs, exterior electrical, and facility maintenance

Cons

  • -Requires lift access, electrical skill, and higher insurance
  • -Night work is common for inspections and troubleshooting
  • -Municipal and commercial bid cycles can slow sales

Best For

Electrical or facility-service operators who want sticky B2B maintenance work tied to safety and compliance

Operating Costs

Major costs include bucket trucks or lift rental, electricians or sign-tech labor, lamps and drivers, fuel, insurance, and inventory carrying costs. Margins improve when routes cluster around repeat property-management accounts.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

$-1908/mo
after debt service
Deal price — $980K
Range: $710K (2.2×) to $1.9M (3.6×+)
Down payment — 15% ($147K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 10.00%
SBA median for this category: 10.0%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$147K
15% equity injection
Loan amount
$833K
85% SBA-financed
Monthly payment
$11K/mo
$488K total interest
Monthly profit
$9K/mo
at 26% margin
Monthly cash flow after debt service
$-1908/mo
Margin does not cover debt service at these terms. Lower the deal price, increase the down payment, or extend the loan term.

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BOMA

Commercial property management context for why lighting upkeep matters to owners and managers

FacilitiesNet – Lighting

Facility-management publication covering parking-lot lighting upkeep, retrofits, and service economics

BizQuest – Building and Construction Services

Marketplace category where electrical maintenance and property-service operators are commonly listed

62/100Strong

Acquisition Score

Profit margin
17/30
Entry multiple
22/25
Market depth
15/20
Risk (charge-off)
8/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$924K$1.5M

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