This business has been around for over 50 years and is bringing in annual revenue of $4.7M to $5.2M with solid profit margins.
The owner is making around $900K every year.
Here's the breakdown: ๐งต๐
This business excels at
โก๏ธ Heavy Equipment Moving
โก๏ธ Crane and Rigging Services
โก๏ธ Specialized Transport
๐ Reputation:
Trusted by over 1,000 clients 80% repeat customers Long history of reliable service
๐ Location: Based in Connecticut Covers a 150-mile radius Serving key sectors like Manufacturing, Medical, and HVAC
๐ Financials:
Annual Revenue: $4.7M-$5.2M
Seller's Discretionary Earnings: ~$900K
Asking Price: $2.5M including inventory
๐ Extras:
Established team of skilled riggers and crane operators Inventory of specialized equipment Property available for lease or purchase
๐ Growth Opportunities:
Expand into Medical and Green Energy sectors Infrastructure spending set to rise
๐ก Reason for selling:
Owner looking to retire, offering a well-established business with strong potential
Seller willing to stay on for transition
Leave a comment with the word "Rigging," and send me a DM, and I'll share more details on this deal and others like it.