|Financial Information (non-confidential)
||Owner’s Cash Flow
Financing: $1,275,000.00 Down and 70% at 8% over 60 months for qualified buyers only
Reason for Selling:Retiring
This is an excellent opportunity to purchase a 35 year old, profitable scaffolding/mast climbing business located on the east coast.
The company has many large projects in major cities through out the country.
The major market is New York city ,which is experiencing a Construction boom.
The Company has an office and facilities in New York City. Their equipment has helped clients with new construction, restoration of buildings, elevator shafts, brick laying and more.
Their scaffolding is extremely safe and efficient and can be applied to any, building, at any height.
The company designs, manufactures and installs their equipment. Their manufactured equipment can be used time and time again for different jobs.
The current owner created the company in 1984 and has successfully grown it by creating a niche market and providing excellent service which results in repeat customers and referrals.
The owner does little marketing or advertising as the business has a great word of mouth referral business, plus an active website..
The growth potential in this field is staggering. The revenues are expected to increase substantially in 2017 and through 2018.
The owner is looking to retire and seeks a qualified buyer.
The owner is willing to help train during a transition period to be agreed upon with the new owners.
Owner will hold up to $3m in owner financing at 8% over 60 months, for qualified buyers.
Machines are manufactured at the plant in NH.
Please contact the broker at 1-877-735-5224.
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