Niche West Coast Heavy Duty Equipment Assembler

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Asking Price:$4,495,000
Gross Revenue:$14,617,317
FF&E:$154,000
Cash Flow:$1,232,451
Inventory:$1,800,000
Established Year:1997
BUSINESS DESCRIPTION

Heavy Duty Equipment Assembler West Coast

The business specializes in assembling heavy-duty equipment throughout the North American West. The company custom-builds equipment units for customers in Oregon, Washington, Nevada, Arizona, Utah, Montana, Alaska, Idaho, Hawaii, California, and western Canada. Since its inception, this company has focused on providing high levels of finished product quality, service, and expertise through an expert team who have acquired years and, in some cases, decades of experience with the business. This strategy has led to a loyal, repeat customer base that trusts the company to deliver their orders precisely to specification and with a high-quality standard.

The company was incorporated over 25 years ago and is owned by two individuals who bought out a third partner in 2012 and formed an S-corporation after that. The business has been located at its current premises since 1989.

With a strong base of repeat customers, this company generates most of its revenue from selling assembled heavy-duty equipment. The remaining revenues are from selling the partial units, parts, and service. Each project takes two to three weeks to build, and the team builds an average of six pieces of equipment a month. Notably, management has built a strong employee culture over the years that features collaborative decision-making, staff empowerment, and ownership of projects. The team’s engagement and experience consistently shows through in the finished quality of products.

With an excellent reputation, repeat and diversified client base, and strong sales performance, this company has built a strong foundation over 25 years to serve its region as the preferred specialist provider of this niche heavy-duty equipment. The business has room to expand in the future through production capacity and new product lines.
SBA Pre-Approved Lending for a qualified buyer!


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Leased
Building SF
22,050
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
SBA Pre-Approved Lending for a qualified buyer!
Reason for Selling
Retirement
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Randy
Hendershot
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Randy Hendershot