Well established crane rental company for sale in Texas. The company specializes in rental of small to medium size cranes with operators. Their one on one approach sets them apart from the competition and they have built a large client base with 90% repeat customers. Their income is solid with over 2 million dollars in sales from repeat customers each of the last 4 years and a 10% increase in 2010. There is a huge opportunity for growth for the next owner by servicing the huge new oilfield activity in Texas, expansion to nearby cities and adding larger cranes to serve additional markets. The owner will stay up to a year to assist a new energetic owner in transition of the business and implementing new growth strategies. All financials are very clean and demonstrate strong performance. The sale includes 1.7 million in cranes, over $400,000 worth of property, and about $250,000 in good accounts receivable.
This can be well over 1 million in cash flow and in the past 4 years have had it to over $900,000 cash flow with present customer base. This one has outstanding growth potential even in this economy. Jump on this one! Price: $4,250,000. For more information please email or contact Bill Holtzclaw at 254-466-6390.