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This high growth and very profitable industrial services firm provides industrial construction, industrial services and rigging, and material handling services to large industrial organizations both public and private within an approximate 200 mile radius of its headquarters. Rigging & moving account for about 80% of revenues and the remainder is comprised of general construction and equipment sales. Specific services provided include: Machinery, Moving & Storage- Heavy Hauling-Warehousing- Kiazen- Turnkey Installations- Concrete Foundations- Cranes & Runway Installs-Mezzanines, Pallet Racks & Shelving Install & Sales- Design & Load Test Lift Bales. Essentially, according to the management, this company can do everything a customer needs “inside the walls of industry”: anything involved in the moving, relocation, and installation of heavy equipment. The company’s supplies these services to large industry regionally, including Fortune 500 companies. Verticals served include Heavy Industry, Food, Medical, and can include large public agencies and utilities also. The company has been growing at an aggressive pace over the past several years, as the owner has a long history of such growth with related entities, and feels strongly that the business could double again in the next several years while protecting current margins. This business enjoys a very high net profit margin historically between 15-35%. Current active customer base is approximately 50 companies. The company has satellite locations in Texas, and Illinois, which creates additional opportunities for growth. The owner is willing to remain with the company for a couple of years post-closing.

MBBI Member
Asking Price
$1
Gross Revenue
$9,367,364
Cash Flow
$2,743,432
Is this a franchise?
No
Year Established
2006
Reason for Selling
Retirement & Employee transition.
Management Support
The owner would like to stay for a 2 year transition.
Real Estate Included?
No
Real Estate Value
$1,500,000
Inventory Value
$85,000
FF&E (Furniture, Fixtures & Equipment)
$3,500,000
Name
Karl Grasemann @ Im&m Solutions