Location: Burlington, Ontario
Asking Price: $1.4 Million
Fleet Details:
The company boasts a fleet of 32 lift machines, predominantly of the Genie brand, with a few JLG models included. The total market value of the fleet stands at $1,120,000.
Brand Value:
Trusted name in the industry for over six years, known for its reliability and strong customer relationships. The owner, with a background in construction development, has cultivated a loyal customer base through an extensive network within the industry.
Market Reach:
The fleet is strategically positioned across key locations in Ontario, including Burlington, Mississauga, and Toronto, with additional placements in Welland and under the Gardiner Bridge. There are plans to expand north of Toronto, focusing on maintaining a competitive market presence without overextending resources. The company is open to paying higher float rates to achieve strategic expansion while keeping competitors at bay.
Customer Base:
Primary Customers: Construction companies, especially those specializing in siding, vinyl, and aluminum, account for approximately 50% retention.
Contractual Engagements: Some machines are under contract with the City of Toronto and a Canadian Military Base in Trenton, Ontario.
Industry Breakdown:
Roofing: 8
Plumbing: 2
Cladding: 10
Caulking: 10
Engineers Inspection: 3
Siding: 9
General Contractors: 12
Property Managers: 2
Subrental: 5
This is a unique opportunity to acquire a well-established company with a solid reputation, a strong customer base, and significant market reach. Located in Burlington, Ontario, the business is priced at $1.4 million. Serious inquiries only.
