Heavy Duty Commercial/Industrial Crane Rental Business (ID: 1100213)

FINANCIAL DETAILS
Asking Price: $3,316,000
Gross Revenue: $2,050,000
Cash Flow: $430,000
Inventory: $25,000 ++
Real Estate: n/a **
FF&E: $2,600,000 ++
Business Listed by Roger A. Rumble, CBIThe Stratford Associates, Inc.View All of My Listings
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Heavy Duty Commercial/Industrial Crane Rental Business
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Business Description

Established in 1966, this family owned company specializes in providing crane rental services to mechanical contractors, steel erectors, plumbers & pipefitters, tower erectors and other contractors in general typically within a 50 mile radius of the company headquarters. The company features a variety of equipment types including hydraluic cranes, truck cranes, hydraulic all-terrain cranes, crawler cranes, trucks and fork lifts. Equipment capacities range from 6 through 210 tons and are rented by the day, week or month and always include a trained, certifiec employee/operator. All cranes are inspected and conform to the ever changing job site requirements with a knowledgeable staff of professional employees experienced and trained in crane operations who are available and motivated to assist customers in all areas of construction projects. A unique opportunity to acquire a strong company with a solid history and reputation. Seller will consider all proposals for merger or acquisition.

About the Business

Year Established: 1966
Number of Employees: 14

Facilities: The company operates from a leased facility that can accomodate the various large cranes and other equipment necessary for operations. All equipment is in good repair and condition and included in the asking price.

Market Outlook/Competition: With the equipment owned by the business, the company can accomodate additional work by adding employees/operators. The company has been the major company in the region for many years due to the need to drive these units to the job site. A great opportunity for a similar business to acquire market share.

About the Sale

Reason For Selling: The owners are ready to retire and slow down in their daily lives

Training/Support: Sellers will provide adequate training an dorientation in the business operations.

Seller Financing: The business is offered at an all cash price

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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 our full Terms & Conditions here.

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