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Home » Businesses For Sale » Equipment Rental & Maintenance » Los Angeles » Listing BFS-169534

Heavy Equipment Contractor & Backhoe Rental Biz

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Location

  • City Los Angeles
  • State California
  • CountryUnited States

Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Principals Only?

If you’re looking for a business actually making a profit in 2009, that either a man or woman can run, without non technical background, you need to look at this business. It is as good as it looks & the information proving it will be released to qualified persons without having to make an offer to see P & I statements. You will need working capital after you buy this business, because most customers are on 30 day billing. The accounts receivable are not included in the sales price.

Financial information provided above is the first 6 months of 2009 annualized. 2008 & 2007 look even better. Accounts receivable are not included in this price..

Operations, products & service
This company operates as a backhoe & related equipment rental company. It currently has 3 operators with 3 backhoes that are dispatched to different job sites around the southern california area. The jobs are primarily federal, state, hospitals & school jobs.

The broker can discuss what business is coming down the pipeline within the next year & assist you in locating sources for new business.

2 owners together put in 40 hours per week mostly office administration & phone scheduling. You do not need to be a contractor or do any physical labor.

Profits

The company profits come from hourly backhoe rental, the labor to run them & equipment transportation to & from the job sites. Profit mentioned above is the current sellers benefits for one working owner in 2009.

Added profits:
1. Transporting other companies equipment or brokering out jobs, for 8 percent commission.
2. Bidding jobs would be a natural added benefit. If you have a “c-12” or “a” license.
3. Becoming authorized distributors of parts & accessories.

Jobs are constantly coming in, contractors haven't stopped doing this kind of work.
Equipment loan for 195,000 is available to a qualified buyer by the financing company.

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