Hot Listing

Profitable Tampa Bay Area Crane Company

Asking Price$900,000

Cash Flow

EBITDA$224,337

Gross Revenue$834,348

InventoryNot Disclosed

FF&E$435,000
Included in asking price
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Hot Listing

Profitable Tampa Bay Area Crane Company


Asking Price$900,000

Cash Flow

EBITDA$224,337

Gross Revenue$834,348

InventoryNot Disclosed

FF&E$435,000
Included in asking price
Business Description
The company specializes in a full range of crane-related services including setting trusses, air-conditioning units, sheds, steel erection, fiberglass pools, décor and furnishings, and boats. The owners have operated the business for over 30 years in a major, growing metropolitan area of Florida. With a customer base of 200+, they own several 40-ton cranes and have loyal, certified operators with over 20 years of experience. This business operates in a licensed specialty niche with a significant cost of entry, requiring minimal manpower beyond the operators. Margins are strong, with owner discretionary cash flow averaging 29% of revenues over the past four years.

About the Business
Years in Operation
38
Employees
5 Full-time
Currently Home Based
Yes
Facilities & Assets
The owners work from home, and cranes are stored on leased property. A Buyer would have numerous options for including a home office and/or office with crane storage on a property of their choice in the market area
Market Outlook / Competition
While ccompetition exists, the crane niche requires training, safety standards and equipment at levels that tend to keep supply and demand balanced.
Opportunities for Growth
Strong construction growth in the area and for the foreseeable future. The company's reputation provides solid opportunity for organic growth. Also, growth into larger residential and commercial businesses is attainable.
Real Estate
Owned or Leased
Leased
Rent
$1,125.00 per month
About the Sale
Seller Motivation
The owners are transitioning to new stage of their lives.
Transition Support
Owners are willing to assist in the transition on either a short term basis or longer term if desired.
Financing Options
SBA Financing available with 10-20% down.
Listing Info
ID
2461842
Listing Views
184
Attached DocumentsAttachment Disclaimer

Bi-Lateral ConfidentiallyAgreement 102825 (2) (1) (2).pdf


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Business Listed by: Boyce Abernathy

Listing ID: 2461842 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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