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PREMIUM HEAVY EQUIPMENT DEALERSHIP
This is a very profitable, premium, heavy equipment dealership operating in the three Canadian Maritime Provinces. The company has been profitable for the past 16 years and has achieved revenues in excess of $55 million for the past two years with discretionary income consistently in the $3-4 million range. The company’s 70 employees serve a number of industry sectors with the emphasis being placed upon Maritime Canada’s booming construction sector. The company is also seeing a steady and growing stream of revenues (30%) coming from the highly profitable parts and service business. The manufacturer’s brand is very strong in the region as it is around the world and a partnership with this manufacturer is a proven formula for success. The company offers a broad range of products and services that assist the business in weathering economic down turns in any one sector. The management / owners want to retire and they are willing to work with the new owners and the manufacturer for a period of time to ensure a successful transition of the dealership. Head office can be relocated to anywhere in the Maritime region. The company’s operating assets, including goodwill, but not including inventory, are valued at $15 million CAD. The sale transaction will be structured as a sale of shares with the price adjusted to reflect the balance sheet at the time of closing.
If you would like more information, please E-mail: sbaker@cbibusinessbrokers.com
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