Specialized Heavy Equipment Rental Company

Colorado

Seller Financing Available

Asking Price:	$7,407,000
Gross Revenue:	$7,337,774
Rent:	$33,000/Month
FF&E:	$1,138,450

Cash Flow:	$1,422,639
Inventory:	$6,774,245
EBITDA:	$1,422,639
Established Year:	1978

Listing ID: 2308573Listing provided by BizBuySell

BUSINESS DESCRIPTION

Strategically Positioned in Two Locations

Business Valuation: $12,907,000 million.
Selling Price: $7,407,000
Inventory Value: $6,774,245 ($1,500,000 included in Purchase)
Flooring debt to be assumed by Buyer: $4,000,000

This company was founded in 1978. The heirs to this company are seeking a strategic buyer to expand the company and continue the founders legacy built on extraordinary relationships with distributors, and exceptional service to customers. Growth opportunity is exceptional and has been limited by available capital to expand current and new equipment lines.

This company has strategically positioned itself in two locations, one in Colorado and the other in Arizona to support sales and rental of this heavy equipment utilized for a specialized industry. The price listed includes both business locations. Major areas served include Colorado, Arizona, New Mexico, and Utah, but span from Texas to California. A diversified revenue stream makes this an attractive business to own.

New equipment sales: 21%
Used equipment sales: 23%
Equipment rental: 20%
Parts Sales 22%
Service 11%

A diversified base of private contractors, power companies, government agencies, municipalities, and specialty companies to the industry are among the customers to this heavy equipment company.

Each location operates with a small well trained staff a branch manager at each location who oversees all daily operations. The founder's heirs would like to remain and assist with growth strategies.

DETAILED INFORMATION

Location

Colorado

Inventory

Not Included in asking price

Real Estate

Leased

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Real Estate is owned and will be considered for sale on a case by case basis. Colorado 35 Acres 12,000 SQ FT Parts and Service Building 1675 SQ FT Sales and Administration Building 648 SQ FT Office Trailer. Arizona 3 Acres 9240 SQ FT Parts, Service, and Sales Facility Both have ample room or expansion. The Lease Rate for both is $33,000 per month, triple net. Recent Real Estate Appraisals exist as part of the portfolio of documents.

Competition

Due to the specialized nature of the industry served little competition exists. This company has maintained a strong position in this niche market that is a mainstay to government managed projects that maintain environmental integrity of public land. Other complementary business's utilize the equipment.

Growth & Expansion

Various equipment manufacturers continually court this company. The major barrier to growth is a lack of available capital for equipment lines that could complement or diversify the existing lines. While a niche market is served, the possibility of expanding to general heavy equipment rental and sales is a potential growth strategy. A dedicated sales staff would benefit growth.

Financing

With a strong offer, a minor portion of the sale would be considered for seller finan

Support & Training

Management will ensure a smooth transition. Additionally management would be willing to stay on with the new owner. Key employees are not aware of the sale but it is anticipated they will remain with the transition.

Reason for Selling

Seller is ready to retire.

Report an Issue with this listing