Founded in 2005 and located in the Southeast, the business is a manufacturer of portable conveyors and screeners. The company is also a distributor of safety platforms, track haulers, portable generators, and confined space ventilators. Their products are marketed for the tight access arena providing solutions for numerous applications where larger equipment cannot serve. Because their product lines are so versatile, customers come from many countries and countless industry sectors including mining, tunneling, construction, demolition, disaster recovery, below grade excavation, refineries, pool installation, landscaping, box/package removal, and so many more!
Potential for Growth
There exists an immediate potential to expand revenues by implementing outside salespeople. The rental arena continues to grow and to have an outside sales force to demonstrate to this industry along with the other market segments would drive sales to a next level!
Historical Financial Summary:
2018: Revenue $1,747,305 Owners Discretionary Earnings $383,258
2017: Revenue $2,081,630 Owners Discretionary Earnings $376,287
The business is operated from a 10,486 square foot leased building in an industrial business park at the base rate of $5,050.76/month. The facility has office and warehouse space and includes four loading docks and a ramp.