Parking lot owner or manager has to make a decision on whether to repave it altogether, or to apply an asphalt resurfacer as a lower-cost alternative. Resurfacing can extend the life of the pavement by as much as 15 years.
Also business owners work too hard at 100 more things – from providing good products and services to customer relations to financing to regulatory compliance – to allow something as simple as a bad parking lot send customers away.
But that is exactly what can happen if the parking lot is in bad shape. What defines “bad” varies, of course, but that can include cracks, potholes, a faded appearance, standing water (poor drainage after a rain), or an accumulation of motor oils. This goes beyond appearances: if the pavement is uneven, it can lead to trips and falls and the expensive litigation that follows.
Regular maintenance will forestall the ravages of time, which is the inevitable scourge of all paved parking lots. Ultraviolet rays from the sun, temperature fluctuations, rain (and sleet, snow and ice), and traffic all take their toll.
But an application of sealcoating restores color and adds a layer of protection that can be applied every three years or so.
Still, asphalt deterioration can happen in stages and in different ways. Indeed, it’s possible to resurface problem areas of a parking lot without a full repaving under the following conditions:
When each of the above problems impair more than a third of the driveway or parking area, it’s time to repave. Likely, this would be 20 or 25 years after the originally pavement was laid.