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Leading Rigging & Crane Services For Sale

New York, US
Asking Price:
$10,000,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,187,200 (USD)
Cash Flow:
$4,932,227 (USD)

Leading Rigging & Crane Services- Over $11 Mil. Sales!

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.

Property Information

Real Estate:

Lease

Premises Details:

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.

Size in square feet:
7,125

Business Operation

Expansion Potential:

Potential for growth is really strong and future plans are in place.

Competition / Market:

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.

Reasons for selling:

Owner is preparing for retirement in a couple years and wants to transition the business over to new ownership. The owner is willing to stay on for a 1-2 year transition period and will be active as a consultant beyond that if necessary. The business is poised to continue growing over the next few years as the clients and industries they work in will be expanding in the New York Metro area for years to come.

Trading hours:

Monday-Sunday 24 hour Service

Employees:
13
Years established:
24

Other Information

Support & training:

Will train for 2 weeks @ no cost.

This company is the turnkey solution for all rigging and crane operations. They have an impeccable reputation and their safety record is stellar. They are the go to business for complex projects and for the best equipment.

Furniture / Fixtures value:
$2,280,333 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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