Crane Operator, Rentals & Related Services
Cash Flow: | $3,140,000 |
EBITDA: | $2,950,000 |
Gross Revenue: | $10,200,000 |
The Company specializes in crane and rigging services, crane rental, machinery moving, heavy equipment transporting, and warehouse storage. The Company offers a full range of hydraulic, crawler cranes, conventional, and rough terrain cranes, from 3 tons to 550 tons, as well as trucks, personnel baskets, forklifts, and trailers. All equipment is available by the hour, day, week, or month on a fully operated and insured basis. The Company performs work in a variety of settings and markets from bridges and girders, to cell towers, HVAC, dredging and clamming, utility transformers, industrial work and shut downs, mining, tilt ups, and general construction throughout the Pacific Northwest.
Superior Name and Reputation — The Company was founded over two decades ago. For 20+ years it has provided crane and rigging services to a loyal and still-growing customer base.
Diversified and Loyal Customers — The Company’s nearly 500 accounts represent highly diverse customers who generate approximately 85% repeat business annually. During the last three years, no single customer generated more than 10% of sales in any given year.
Extensive Equipment Offering — The Company provides multiple crane types in all sizes, from 3 tons to 550 tons. The fleet includes boom trucks, truck cranes, crawler cranes and all-terrain cranes along with over 30 varieties of tractor trailers, and rigger lifts/forklifts.
Strong Historical Growth — Despite the COVID pandemic, sales grew overall at a 5.9% compound annual rate between 2018 and 2020. Since then, high demand for the Company’s products and services has contributed to sales increasing at a 15.9% rate from 2020 to 2022.