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Boost Your ROI Of Parking Business

Key Takeaways:

  • Investing in asphalt maintenance services can help increase the value of your property.
  • Sealcoating helps protect against UV rays from the sun and other environmental elements.
  • Offering crack sealing services can help prevent water from seeping into cracks in the asphalt, which, if left untreated, could lead to further damage down the road.
  • Atkins Paving offers asphalt paving and maintenance services to customers in Rock Hill, SC, and the surrounding areas.

Every business owner wants to maximize their return on investment (ROI) – and parking lot owners are no exception. If you want to attract more customers and avoid potential ADA violations, keeping your asphalt in tip-top shape is necessary. Atkins Paving will discuss the top ROI boosters for your parking lot business.

Asphalt Damage Identification & Repair

The first step to boosting your ROI is identifying any existing damage to the asphalt. Depending on the age of the asphalt, it may have been exposed to weather extremes such as extreme cold or heat that have caused cracking and potholes. Identifying any damage quickly is essential so it can be repaired on time before it becomes a more significant problem. The longer you wait to repair any existing damage, the more costly repairs can become due to accelerated wear and tear.

Also, read our blog on the factors to consider before planning a parking lot.

 Maintenance & Prevention

Once you’ve identified any existing damage and fixed it, the next step is preventive maintenance that will help keep your asphalt looking great for years. It involves regular inspection of the pavement surface, sealcoating every few years, weeding out any plant growth between cracks (or applying weed killer as necessary), filling in the cracks as soon as they appear, cleaning up spills immediately, and regularly checking for signs of water pooling around drains or along curbs. These steps are critical components of proper asphalt maintenance that will help keep your parking lot looking great for years to come. 

ROI Boosters for Your Parking Lot Business

1. Safety First

Keeping the parking lot safe should be a priority. It means inspecting the lot regularly for any signs of deterioration or damage that could become hazardous, such as potholes, cracks, and sinkholes. Identifying these issues early will help you address them before they become more serious problems. This preventive measure will save you money in the long term by avoiding costly repairs due to further damages caused by neglecting minor issues. It also creates a safer environment for customers, which promotes trust in your business.

2. Improved Aesthetics

One of the primary benefits of parking lot maintenance is improved aesthetics. A well-maintained parking lot is an integral part of a business’s curb appeal and can help to attract customers. Additionally, a well-maintained parking lot can help improve the overall appearance of a business’s property.

3. Attract More Customers

Your parking lot is often one of the first impressions potential customers will have about your business. If it’s not in excellent condition, chances are people won’t feel comfortable patronizing your establishment. Keeping up with asphalt maintenance ensures that the surface of your parking lot looks presentable and inviting to potential customers who may otherwise avoid it if it appears neglected or damaged.

4. Avoid ADA Violations 

Business owners need to be aware that laws are designed to protect people with disabilities as they navigate public spaces, such as parking lots. If you don’t comply with these laws, you could face hefty fines or even lawsuits if someone is injured due to negligence. To prevent this from happening, ensure that you identify any issues in the parking lot that could impede access for disabled persons and address them promptly so you don’t risk running into legal trouble down the line. 

Related: Learn about ADA compliance requirements.

5. Reduced Liability

Poorly maintained parking lots can also lead to increased liability for businesses. If someone gets injured in your parking lot, you could be held liable if it is determined that the accident was caused by a hazard that should have been repaired. Maintaining your parking lot regularly can help reduce your liability in an accident.

6. Increased Property Value

Another benefit of parking lot maintenance is that it can help increase your property’s value. A well-maintained parking lot will appeal more to potential buyers than one in disrepair. Additionally, regular maintenance can extend the life of your asphalt pavement, further increasing your property’s value.

7. Improved Drainage

Another benefit of parking lot maintenance is improved drainage. Routine cleaning of gutters and drains can help prevent flooding during heavy rains, and proper grading can ensure water flows away from the building foundation.

Sealcoating & Crack Sealing Services

Another way to boost your ROI is by sealcoating the asphalt surfaces. Sealcoating helps protect against UV rays from the sun and other environmental elements, such as snow and ice, which can cause premature aging of the pavement surface over time. Additionally, offering crack sealing services can help prevent water from getting into cracks in the asphalt, which, if left untreated, could lead to further damage down the road.

Regular inspections and preventive maintenance measures are essential if you want maximum ROI from your parking lot. By taking care of minor problems promptly rather than waiting until they become more significant, you can save time and money while ensuring that your asphalt remains safe and attractive for years to come!

With just a few simple steps, like identifying damaged asphalt areas quickly and providing sealcoating and crack sealing services when needed, you can quickly boost your parking lot business’s overall return on investment!


Need Services in Rock Hill, SC?

Are you in need of paving services in Rock Hill, SC? If so, look no further than Atkins Paving to meet your needs and expectations. We have 26 years of experience in giving our clients gleaming surfaces that will last many years. Contact us today to get a free estimate on transforming your old asphalt into something beautiful you can be proud of!