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SnoCat Machinery Sales and Leasing
| Asking Price: | $1,400,000 | Inventory: | $373,000 ++ |
| Gross Revenue: | $1,180,784 (comments below) | Real Estate: | n/a |
| Cash Flow: | $627,449 (comments below) | FF&E: | $70,563 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Annualized for 2008 | |||
| Cash Flow Comments: Annualized for 2008 | |||
The client company is in the business of selling and leasing used SnoCat Machines to customers in the telecommunications, utilities, energy, mining, agriculture, forestry, and recreation industries. They also provide new and after market parts as dealers from a variety of manufacturers including Tucker, Thiokol, Bombardier, Pisten Bully, Tatou, and more.
The company has been operating for nearly 25 years and has built a solid customer base and reputation. They are the only company in the region providing this service and therefore face very little competition. They have strong relationships with the manufacturers’ that allows them to purchase SnoCat Machines and parts on favorable terms, thus increasing the profitability of the company.
The owner of the company would like to retire. He is willing to stay on for a reasonable amount of time to help in the transition and training of the new owner.
The company has been operating for nearly 25 years and has built a solid customer base and reputation. They are the only company in the region providing this service and therefore face very little competition. They have strong relationships with the manufacturers’ that allows them to purchase SnoCat Machines and parts on favorable terms, thus increasing the profitability of the company.
The owner of the company would like to retire. He is willing to stay on for a reasonable amount of time to help in the transition and training of the new owner.
About the Business
Year Established:1984
Employees:2 full time -
Relocatable:Yes
Facilities:The business operates on a 1 acre parcel of land with 5 buildings that included an Office, Mechanics Shop, Detail Shop, Equipment Storage, and a 5 Bay Storage Unit. There is easy access for large trucks. The real property is not included in the sale unless the the potential buyer determines that they want to buy it in addition to the business.
Market Outlook and Competition:The application of SnoCat machines seems to be expanding into non-traditional industries. Outfitters and guides are buying these machines for their business. Cities and counties are purchasing these machines and integrating search and rescue with their other emergency response services. Companies in agriculture are using these machines more often to manage sugar beat dumps and wheat and also as applicators rigs for fertilizers and soil amendments. Vehicle recovery companies (Wreckers and Tow Trucks) are purchasing them to add another dimension to the services they provide. Another service that could be expanded includes summer storage and servicing. Many of the companies that purchase these machines would like someone to store the rig and service it on the off-season. There is enormous opportunity to provide custom parts for specialized use. This company offers some fabrication currently to satisfy this demand. However, the company has a very strong position to up sale many of their existing clients with enhanced functionality for their SnotCats.
About the Sale
Reason For Selling:The owner is 60 years old would like to retire.
Seller Financing:Seller is willing to finance a portion of the sales for qualified buyers.
KEYWORDS: snocat, snow, removal, pacific northwest, idaho, utah, colorado, nevada, california, oregon, washington, montana, tucker, pisten, bully,
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State: Idaho
County: Ada Next Listing: SnoCat Machinery Sales and Leasing
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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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