Hot Listing
Crane Rental & Equipment Transportation Company
Business Description
Value of Tangible Assets Likely Exceeds Asking Price
This acquisition opportunity is a multiple decade old crane rental, equipment relocation, and specialized construction contractor with 10+ cranes (20-ton to 440-ton capacity) in the tangible assets being included in the sale.
The business revenues are allocated primarily between Crane Rentals (60%), Specialty Contracting (27%), and Equipment Moving (8%). The company is licensed, bonded, and insured and all operators are NCCCO certified, and all have Class CDL licenses. 70% of all business revenues come from repeat General Contractor clients with very little concentration risk, with the remaining 30% focused on marketing efforts centered around the bidding process.
Ownership works full time in the business. The business has 16 employees who are compensated between $22 - $36 p/hr., to fill positions that include crane operators, riggers, truck drivers, and mechanics, with most employees cross trained for multiple tasks.
The business revenues are allocated primarily between Crane Rentals (60%), Specialty Contracting (27%), and Equipment Moving (8%). The company is licensed, bonded, and insured and all operators are NCCCO certified, and all have Class CDL licenses. 70% of all business revenues come from repeat General Contractor clients with very little concentration risk, with the remaining 30% focused on marketing efforts centered around the bidding process.
Ownership works full time in the business. The business has 16 employees who are compensated between $22 - $36 p/hr., to fill positions that include crane operators, riggers, truck drivers, and mechanics, with most employees cross trained for multiple tasks.
About the Sale
- Transition Support
- The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
- Financing Options
- The seller will consider offers that include a financing component from a qualified b
Listing Info
- ID
- 2403074
- Listing Views
- 550
Listing ID: 2403074 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. See our full Terms of Use. Learn how to avoid scams.
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