Parking Lot Business

Business Idea: Start A Parking Lot Business in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
Avg Startup Costs
Avg Revenue
Avg Days To Build
60 days

More people are purchasing cars, and the demand for parking spaces has increased significantly. Finding a safe parking lot is becoming a problem, and this is where the parking lot business opportunity emerges.

A private parking lot business provides customers with a convenient and safe space for automobiles.

Starting a parking lot business requires ample space, a parking attendant, a surveillance system, and payment collection software. To increase your income, you can introduce an EV charging station.

A parking lot business is an excellent low-maintenance business since you do not need to be there physically, as you can fully automate the parking lot as a self-service facility, available 24/7.

Revenue & Profitability

How much do parking lot businesses make?

Examples Of Successful Parking Lot Businesses

Successful parking lot business businesses and case studies

Learn how the Co-Founder and CEO of NOSON grew their business to $1.2M in revenue in 27 markets using tools like Typeform, Zapier and Google for only $300 a month, and their advice for entrepreneurs just starting out.

$100K Monthly Revenue
Read by 6,441 founders

Husband and wife team Luke and Heather Menear grew their parking lot striping business to almost $750k in annual sales after starting in 1999, and are now sharing their franchise opportunities across the east coast.

$61.6K Monthly Revenue
$125K Startup Costs
Read by 5,993 founders

See full list of successful parking lot businesses.