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8,855,000 in assets with focus in cranes, drilling equipment and repairs! This business earned over $11.8MM in sales and $2.3MM in cash flow for 2018 with a 20% profit margin. This company has succeeded by placing focus on construction and foundation equipment sales and building their expertise in this field. The professional team can help contractors, subcontractors, foundation companies, or other contracting businesses purchase or rent the equipment needed for their large infrastructure and construction projects. Over $2.6MM in inventory of machinery and parts is on-hand, but any item can be ordered from the manufacturer. This team of six offers ancillary services including consulting on equipment choice, training for use, as well as service and maintenance for current owners or renters, while the owners oversee sales, consulting, and finances.
With inventory on-hand for sales as well as rentals, all equipment is stored on a large, 7 acre fenced property in the Southwest US. Included on the property is a 2,400 sq. ft. building that houses five offices for the administrative staff. The second location has five offices, a conference room, and is utilized by administrative staff only.
To build revenue further, focused could be placed on expanding the rental inventory or offering long-term leases. New focus could be placed on generating contracting work or expanding into casing manufacturing to diversify income streams
Location 1: 2,400 sq. ft.: 5 offices, 7 acre fenced yard; Location 2: 5 offices, conference room
Increase rental inventory, expand into casing manufacturing, build contracting or subcontracting business, strategic marketing, and lease equipment
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