Full Service Lifting & Rigging Shop

| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $4,723,000 | Real Estate: | n/a |
| Cash Flow: | $625,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
A full-service rigging shop and distributor of lifting devices that has become a trusted source for solutions in lifting and rigging products. Company is a distributor of a broad selection of standard rigging and lifting products from well known suppliers, and also manufactures its own top quality custom lifting products. Sells and services wire rope, slings, hoists, and other below the hook lifting devices. Additional services provided by the company have differentiated it from competitors. Company has a strong and diversified customer base. Top customer accounted for about 8% of total sales in 2008. Company sells to domestic and international customers from a variety of industries. The company is strategically located to service multiple markets and capitalize on growth opportunities.
About the Business
Employees:20 full time - 2 part time
Facilities:Facility is clean, well organized, and located near interstate. Location is considered a competitive advantage. All necessary equipment included.
Market Outlook and Competition:Company continues to capture business and differentiate itself from competitors due to its broad product offering, quick turn around times, and manufacturing expertise.
About the Sale
Management Training and Support:Reasonable transition support to be negotiated and provided.
Reason For Selling:Retirement
Seller Financing:Partial seller financing available to qualified buyer
KEYWORDS: hoist, harness, lifts, rigging, manufacturing, fabrication, engineering, lifting, slings, wire, below the hook, OEM, cables, chain, cranes, material handling
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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