Leading Rigging & Crane Services

Not Disclosed, NY

Asking Price: Annual Revenue:
$10,000,000 $1,187,200

Services: Construction, Contractors

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RE: Leading Rigging & Crane Services Broker: Daz connell

Quick Facts

Asking Price: $10,000,000
Annual Revenue: $1,187,200
Net Profit: $4,932,227
Cash Flow: $4,932,227
Total Debt: Not Disclosed
FF&E: $2,280,333
Real Estate: Not Disclosed
Year Established: 1995
Employees: 13
BBN Listing #: 19944955
Broker Reference #: 3402-15438

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Business Overview:

The leading crane and rigging services company in the NY metro market. They have experienced management in place have extensive equipment including cranes of all kinds, man baskets, trucks and rigging. The company is positioned for growth over the coming years as construction activity in their territory grows. The construction sector continues to expand with new projects and this business also has a unique niche because of their diversified client base. Perfect for related companies looking to expand or PE groups looking for a platform company with great financials. Serious inquiries only.

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Property Features and Assets:

The business is housed in an industrial building with shop yard. Includes a storage building, offices and shop yard for trucks/equipment/inventory. Great location with lots of visibility and easy access to all highways. Assets-$2,280,333

Market Competition and Expansion:

The industry is a very mature market with friendly competition established over a generation. This business has many expansion opportunities that new ownership can take advantage of after a sale. Potential for growth is really strong and future plans are in place.

Reason for Selling:

Owner is preparing for retirement in a couple years.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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