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  • RE:  Premiere Midwest Scaffolding Rental Company
  • Contact:  Rick Carlson
  • License #: 1820673
Owner Financing is Available!
TBD if structure and terms are acceptable.

Quick Facts

Asking Price: $0
Annual Revenue: $15,264,000
Net Profit: Not Disclosed
Cash Flow: $3,624,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 95
BBN Listing #: 950772
Broker Reference #: 1268 SCAFFOLD

Email or Print Listing

Business Overview:

The Company is a regional player that provides scaffolding services for a large portion of the Midwest.

Their services include the setup and tear down of scaffolding for new building construction and restoration. It provides flexible, reliable, and safe scaffolding solutions using a ring lock system, focusing on larger projects and responding swiftly to emergencies. They are a union shop, which entitles them to all of the best and marquee projects in their operating region. The company has a phenomenal intrinsic asset value of more than $8.6MM in scaffolding alone (that they own outright) and they continue purchasing additional assets to keep out in the field in order to churn out cash. Scaffolding has an excellent product life usability profile as well, with many assets on the books still that were placed in service all the way back to 2002 even.

Confidentiality is a concern for the Seller as they seek the right buyer, and so the location information provided in the ad is that of the Advisor in the related submarket, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.

NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

Facilities: The company operates utilizing 3 properties. The 1st building is a 10,000 square feet office and storage space used by the office staff. The other two properties, warehouses, are spread out and serve as a hub to hold equipment and materials. The leases for all 3 properties is around $96,000 annually. There is flexibility by the Owner here if the properties would go with the business or not.

Market Competition and Expansion:

Competition: The Owner shares that the market is competitive, but overall demand is high and would not categorize it as fierce. Some competitors, with global recognition, may occasionally win opportunities but the Company offers superior delivery, professional employees, competitive bids, and commitment to excellence often securing the opportunities pursued and enabling repeat business.

Growth & Expansion: There is an opportunity to invest in a dedicated sales force to directly pursue opportunities their competition is securing. Additionally, opening additional locations across the country to expand their footprint and penetrate additional markets using its successful model would add additional revenue. This is a perfect platform play for a PE or family office looking to grow a national powerhouse.

Reason for Selling:

Looking to retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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