Located in the Midwest and serving a large region that extends into Illinois, Ohio and Michigan, the Company has earned a reputation for its quality and professionalism. The business is a highly profitable operation with decades of experience specializing in complete, turn-key plant relocation, hassle-free machinery moving, rigging, machine assembly, disassembly, and electrical equipment hookup.
Ownership has decided it is time to transition the business to new owners with a vision to grow and sustain the business for many more years to come.
2017 Revenue: $3,555,000+
2017 EBITDA: $819,000+
Extremely Profitable: Over the past three years, the business Net Income has averaged more than 10% of revenue and cash flow has averaged 20%. The Company does not compete on price – it competes on capability and quality. It specializes in the most challenging and complicated machinery moving projects.
A Company Backed up by Hard Assets: The individual or organization that purchases the business will not only be purchasing a strong and consistent cash flow, but an array of well-maintained equipment and vehicles. These hard assets will be useful to a new owner if they choose to use bank financing for the transaction.
Experienced Employee Base: The company’s employees are highly skilled and can operate the business with little supervision.
Customer Diversification: In 2017, the business served over 150 customers from a broad swath of industries. Its top customer was responsible for less than 20% of revenue.
Reshoring Trend: There is an increase in reshoring of manufacturing activities in the United States. Driving this trend are favorable economic conditions; automation, robotics, and the Internet of Things; reduced domestic energy costs; lowered corporate tax rate; aggressive tax incentives from various states; as well as increased labor costs overseas.
Ancillary Services: Machinery moving requires many ancillary skills and capabilities. A new owner may choose to bring in-house certain services that it currently subcontracts. These include Engineering, Crane Rental, Electrical Service, Engineering, Concrete Work, Long Distance Trucking and Freight Forwarding Services.
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Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact firstname.lastname@example.org with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this profitable machinery moving business!