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Wholesaler of Niche Utility/Underground Equipment

• Strong historical sales growth: Sales increase from $6.3 million in 2006 to $8.2 million in 2008 representing a Compounded Annual Growth Rate (CAGR) of 14.1%
• Historical gross profit: Historical gross profits have averaged above 21% for the last 3 years
• Limited Competition: Management is aware of only one other national competitor within its niche, as far as the purchasing of used equipment.
• Long-term relationships: the company has established strong long-term relationships with equipment manufacturers, dealers, auction companies, and brokers, after 23+ years
• Sales reach: the company has sold equipment in almost every state and international sales includes Russia, Columbia, Australia, New Zealand, Venezuela, Canada, Brazil, Europe, Poland, Philippines, Turkey, Sweden, Taiwan, India, Chile, Mexico, Haiti, Dominican Republic, Trinidad, as well as many small islands and other developing countries.

The company buys, refurbishes, and sells niche (high-margin) utility and underground equipment domestically (40% of sales) and internationally (60% of sales). The company has assisted over 3,000 customers with their equipment needs.

There is limited competition within the company’s niche as far as the purchasing of used equipment, with only one other national industry player known by Management. Management believes that they, and their only competitor, control the pre-owned market for their equipment.

The company was founded in 1986 and employs 14 employees. The owners are seeking resources to help take the business to the next level. The company is well positioned for continued growth and success. The company operates out of a 12,379 s.f. facility which the owners are open to include, or exclude, from a sale of the business.