For many people, a parking lot is just a parking lot. For operators of such facilities, however, it’s a business. Scratch that—it’s a big business.
The worldwide parking industry rakes in about $100 billion dollars annually, and its revenues are projected to grow to $200-250 billion in the next three to five years. Indeed, as more people buy cars, the need for parking lots will correspondingly increase.
That being said, you can’t reap financial rewards without investing heavily. Very few other enterprises see the abuse that a parking lot business experiences day to day. That’s why owners also need to invest in the maintenance of their parking lots in order to continually attract business. Post originally appeared on TotalCleanEquip.com blog page.