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Fantastic Mid-South Crane Rental & Mechanical Services Company

Mid South

Crane Rental
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Asking Price: $2,500,000

Cash Flow: $498,332

Gross Revenue: $1,459,841

EBITDA: N/A

FF&E: $1,500,000

Inventory: N/A

Real Estate: N/A

Established: 1989

Fantastic Mid-South Crane Rental & Mechanical Services Company

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Business Description

Sunbelt Business Brokers of Nashville has been engaged to sell a very profitable business that has provided industrial crane rental (with operators) and mechanical services to a loyal and growing customer base in the Mid-South for 30 years.

Some recent large projects are a #140,000 component placed inside a plant, assisted rebuild of cold forge press, moving an entire plant facility between towns, moving an entire manufacturing facility from one state to another. Crane work was 53% of revenue in 2018. Machinery moving was 41% and shop work and steel sales was 6%. Five of nine employees have 13 years experience in crane and rigging work. Two employees have 15 years and one has 30 years. Extensive equipment list with Fair Market Value of $1.5mm or more.

Detailed Information

Real Estate:
Owned
Building SF:
5,000
Employees:
9 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 sq. ft. building, available for lease or purchase
Support & Training:
Seller will negotiate a transition period
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Richard Biedenharn

Business Listed By:
Richard Biedenharn

Sunbelt of Nashville

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