Mobile Crane Rental Company With Diverse Service Offerings

listing image
Gross Revenue:$19,082,000
EBITDA:$5,742,000
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 US


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.


Real Estate

• The company operates from a 25,400 square-foot headquarters with an additional 22,403 square-foot warehouse and an adjacent 10-acre lot that is used for storage. The properties are held by an affiliated entity. The real estate can be included as part of a transaction or leased to new ownership post-sale.


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.


DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Owned
Report an Issue with this listing
profile-img
Kendall
Stafford
logo-img
Kendall Stafford