Hot Listing
Profitable Tampa Bay Area Crane Company
Business Description
The company specializes in a full range of crane-related services including setting trusses, air-conditioning units, sheds, steel erection, fiberglass pools, décor and furnishings, and boats. The owners have operated the business for over 30 years in a major, growing metropolitan area of Florida. With a customer base of 200+, they own several 40-ton cranes and have loyal, certified operators with over 20 years of experience. This business operates in a licensed specialty niche with a significant cost of entry, requiring minimal manpower beyond the operators. Margins are strong, with owner discretionary cash flow averaging 29% of revenues over the past four years.
About the Business
- Years in Operation
- 38
- Employees
- 5 Full-time
- Currently Home Based
- Yes
- Facilities & Assets
- The owners work from home, and cranes are stored on leased property. A Buyer would have numerous options for including a home office and/or office with crane storage on a property of their choice in the market area
- Market Outlook / Competition
- While ccompetition exists, the crane niche requires training, safety standards and equipment at levels that tend to keep supply and demand balanced.
- Opportunities for Growth
- Strong construction growth in the area and for the foreseeable future. The company's reputation provides solid opportunity for organic growth. Also, growth into larger residential and commercial businesses is attainable.
Real Estate
- Owned or Leased
- Leased
- Rent
- $1,125.00 per month
About the Sale
- Seller Motivation
- The owners are transitioning to new stage of their lives.
- Transition Support
- Owners are willing to assist in the transition on either a short term basis or longer term if desired.
- Financing Options
- SBA Financing available with 10-20% down.
Listing Info
- ID
- 2461842
- Listing Views
- 184
Attached DocumentsAttachment Disclaimer
Listing ID: 2461842 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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