Mobile Crane Rental Company With Diverse Service Offerings
Business Description
The Company is a venerable crane and rigging company providing hydraulic mobile crane rentals and rigging services. Complementary services include trucking, indoor and outdoor storage, and other equipment rentals.
Key Aspects:
· Operating for more than three decades with a highly respected brand name & deep market connections
· Diverse & state-of-the-art equipment fleet affords favorable cross-sell opportunities
· Highly experienced employees, several with 15+ year Company tenures
· According to management, 81% of revenue is attributable to repeat clients
· High client diversification across many key industries and markets
· Historically Underutilized Business (HUB) designation
Opportunities:
· Utilize current facilities to expand on storage services
· Expand operations into other cities within the state
· According to management, projects funded by the Infrastructure Act of 2022 are expected to continue to increase demand for heavy equipment and machinery
· Continue to acquire Master Service Agreements (MSA's) with local clientele
Headquartered:
· South Central U.S.
Current Markets:
· The Company serves a diverse range of clientele, which typically consists of subcontractors or corporations with construction, aerospace, HVAC, freight, railroad, chemical refinement projects, and oil & gas companies in the Company's state.
Shareholder Objectives:
· The sole owner is seeking retirement and an eventual full exit from the Company. The sole owner is open to various deal structures to facilitate a transaction.
Key Aspects:
· Operating for more than three decades with a highly respected brand name & deep market connections
· Diverse & state-of-the-art equipment fleet affords favorable cross-sell opportunities
· Highly experienced employees, several with 15+ year Company tenures
· According to management, 81% of revenue is attributable to repeat clients
· High client diversification across many key industries and markets
· Historically Underutilized Business (HUB) designation
Opportunities:
· Utilize current facilities to expand on storage services
· Expand operations into other cities within the state
· According to management, projects funded by the Infrastructure Act of 2022 are expected to continue to increase demand for heavy equipment and machinery
· Continue to acquire Master Service Agreements (MSA's) with local clientele
Headquartered:
· South Central U.S.
Current Markets:
· The Company serves a diverse range of clientele, which typically consists of subcontractors or corporations with construction, aerospace, HVAC, freight, railroad, chemical refinement projects, and oil & gas companies in the Company's state.
Shareholder Objectives:
· The sole owner is seeking retirement and an eventual full exit from the Company. The sole owner is open to various deal structures to facilitate a transaction.
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2413894
- Listing Views
- 41
Attached DocumentsAttachment Disclaimer
Listing ID: 2413894 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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