Specialized Heavy Equipment Rental Company
Business Description
Legacy Company Built on Outstanding Relationships with its Clients.
Business Valuation: $12,907,000 million.
Selling Price: $7,407,000
Inventory Value: $6,774,245 ($1,500,000 included in Purchase)
Flooring debt to be assumed by Buyer: $4,000,000
This company was founded in 1978. The heirs to this company are seeking a strategic buyer to expand the company and continue the founders legacy built on extraordinary relationships with distributors, and exceptional service to customers. Growth opportunity is exceptional and has been limited by available capital to expand current and new equipment lines.
This company has strategically positioned itself in two locations, one in Colorado and the other in Arizona to support sales and rental of this heavy equipment utilized for a specialized industry. The price listed includes both business locations. Major areas served include Colorado, Arizona, New Mexico, and Utah, but span from Texas to California. A diversified revenue stream makes this an attractive business to own.
New equipment sales: 21%
Used equipment sales: 23%
Equipment rental: 20%
Parts Sales 22%
Service 11%
A diversified base of private contractors, power companies, government agencies, municipalities, and specialty companies to the industry are among the customers to this heavy equipment company.
Each location operates with a small well trained staff a branch manager at each location who oversees all daily operations. The founder's heirs would like to remain and assist with growth strategies.
Selling Price: $7,407,000
Inventory Value: $6,774,245 ($1,500,000 included in Purchase)
Flooring debt to be assumed by Buyer: $4,000,000
This company was founded in 1978. The heirs to this company are seeking a strategic buyer to expand the company and continue the founders legacy built on extraordinary relationships with distributors, and exceptional service to customers. Growth opportunity is exceptional and has been limited by available capital to expand current and new equipment lines.
This company has strategically positioned itself in two locations, one in Colorado and the other in Arizona to support sales and rental of this heavy equipment utilized for a specialized industry. The price listed includes both business locations. Major areas served include Colorado, Arizona, New Mexico, and Utah, but span from Texas to California. A diversified revenue stream makes this an attractive business to own.
New equipment sales: 21%
Used equipment sales: 23%
Equipment rental: 20%
Parts Sales 22%
Service 11%
A diversified base of private contractors, power companies, government agencies, municipalities, and specialty companies to the industry are among the customers to this heavy equipment company.
Each location operates with a small well trained staff a branch manager at each location who oversees all daily operations. The founder's heirs would like to remain and assist with growth strategies.
About the Business
- Years in Operation
- 47
- Number of Employees
- 13
- Facilities & Assets
- Real Estate is owned and will be considered for sale on a case by case basis.
Colorado
35 Acres
12,000 SQ FT Parts and Service Building
1675 SQ FT Sales and Administration Building
648 SQ FT Office Trailer
Arizona
3 Acres
9240 SQ FT Parts, Service, and Sales Facility
Both have ample room or expansion.
The Lease Rate for both is $33,000 per month, triple net.
Recent Real Estate Appraisals exist as part of the portfolio of documents. - Website
- https://ddiequip.com
- Market Outlook / Competition
- Due to the specialized nature of the industry served little competition exists. This company has maintained a strong position in this niche market that is a mainstay to government managed projects that maintain environmental integrity of public land. Other complementary business's utilize the equipment.
- Opportunities for Growth
- Various equipment manufactures continually court this company. The major barrier to growth is a lack of available capital for equipment lines that could complement or diversify the existing lines. While a niche market is served, the possibility of expanding to general heavy equipment rental and sales is a potential growth strategy.
A dedicated sales staff would benefit growth.
Real Estate
- Owned or Leased
- Leased
- Rent
- $33,000.00 per month
About the Sale
- Seller Motivation
- Seller is ready to retire.
- Transition Support
- Management will ensure a smooth transition. Additionally management would be willing to stay on with the new owner. Key employees are not aware of the sale but it is anticipated they will remain with the transition.
- Financing Options
- With a strong offer, a minor portion of the sale would be considered for seller finan
Listing Info
- ID
- 2343324
- Listing Views
- 3172
Listing ID: 2343324 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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