Established Scaffolding Rental Business in the Midwest

Overview: This company is a well-established scaffolding rental service operating throughout the Midwest, specializing in the setup and dismantling of scaffolding for both new construction and restoration projects. They offer dependable and safe scaffolding solutions utilizing a ring lock system, with a focus on larger projects and quick responses to urgent needs. As a unionized firm, they access top-tier projects in their area. The business boasts an impressive intrinsic asset value exceeding $14 million in owned scaffolding equipment and continues to acquire more assets to enhance cash flow. Many assets remain in service since 2002, reflecting excellent product longevity. Due to confidentiality, the exact business location will be disclosed only to qualified buyers after vetting. An NDA is required to obtain the detailed Confidential Information Memorandum (CIM). Property and Assets: The company operates from three locations, including a 10,000 sq. ft. office and storage facility, along with two additional warehouses for equipment and materials. Their annual lease costs total approximately $96,000, with flexibility regarding property acquisition. Market Insights: While competition exists, the company experiences strong demand and differentiates itself through superior service, skilled staff, competitive pricing, and a commitment to quality, leading to repeat business. Opportunities for growth include establishing a dedicated sales team and expanding to new locations nationwide. The primary shareholder seeks liquidity but is open to remaining involved if appealing to the buyer. A CEO is already in place, making this a turnkey opportunity for interested investors. Training and support for the new owner will be provided. This is not a home-based or franchise resale business.