Industry: Equipment Rental and Dealers
Listing ID: Project Harvest
Listing Status: Sold
This outstanding company is a dealer for new, used and completely refurbished specialized equipment. They provide Sales and Service for all brands of this specialized equipment. They have been growing at a strong pace for the past 4 years.
They are unique in the industry as their business only sells this specialized equipment and are known for being the leading experts in the field for reputation, knowledge, service and inventory. They are the largest dealer for this equipment and associated parts.
They offer a wide range of services which include their core equipment distributorship as well as mobile mechanics, equipment floating, in-shop and on site service and repairs, replacement parts and rental equipment.
There is a Sub Dealer network coming online in late 2020 to significantly increase sales and profits.
They have highly skilled and dedicated workforce that are experts in the industry and they have very little turnover.
The business comes with a very large inventory of new and used equipment and an exceptionally strong balance sheet. Their floor plan does not require the company to make any payments for the first 6 months nor does it incur and interest during that time.
The business just purchased an exceptional new property with purposeful land and buildings and they are available for purchase if the Buyer is interested.
They are operating during this current period of Covid 19 and the industry is growing due to increased demands.
This is a very unique opportunity to purchase a strong business that is expected to grow with strong organic growth and new sales outlets coming online this year.
Total Sales: $12,000,000
Cash Flow: $1,400,000