Well Established Very Profitable Crane Rental Company For Sale

Business description

Well established crane rental company for sale in Texas. The company specializes in rental of small to medium size cranes with operators. Their one on one approach sets them apart from the competition and they have built a large client base with 90% repeat customers. Their income is solid with over 2 million dollars in sales from repeat customers each of the last 4 years. There is a huge opportunity for growth for the next owner by servicing the huge new oilfield activity in Texas, expansion to nearby cities and adding larger cranes to serve additional markets. The owner will stay up to a year to assist a new energetic owner in transition of the business and implementing new growth strategies. All financials are very clean and demonstrate strong performance. The sale includes 2.3 million in cranes.
This can be well over 1 million in cash flow and in the past 4 years have had it to over $900,000 cash flow with present customer base. This one has outstanding growth potential even in this economy. Jump on this one! Price: $3,990,000


They have just landed a major contract for 2012

Property information

Real Estate:

Real Property Included

Business Operation

Expansion potential:

Huge opportunity for growth for the next owner by servicing the huge new oilfield activity in Texas, expansion to nearby cities and adding larger cranes to serve additional markets.

Reasons for selling:

Retirement

Employees:

12

Years established:

2001

Other information

Support & training:

Owner will stay on up to a year to ensure success and help break into new markets.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner willing to finance a portion

Furniture / Fixtures value:

$2,300,000 (included in the asking price)

Relocatable:

This business can be relocated.