OFF-MARKET-Real Estate Included Ohio Heavy Equipment Dealership for Sale

OFF-MARKET ‘Q2 2022

Real Estate Included Heavy Equip. Construction Dealership

Cleveland Area, Ohio

No Seller Financing Available

$3,500,000 including 3 acres & 12K Sq FT. Building

Cash Flow $450,000

Gross Revenue: $931,000.00

EBITDA: $233,937.00

FF&E: See CIM

Inventory: See CIM

Established: 1991

Employees 5

Business Description

Our Client, established in 1991, provides sales, service, parts & rental of light dirt construction equipment and heavy-duty jobsite forklifts and telehandlers. Our client represents leading equipment manufacturers such as:

 Pettibone LLC, one of the premier manufactures of HD telehandlers (forklift),
 Manitou- a leader in worldwide forklift production and innovative rotating telehandlers and
 Mustang light dirt equipment full line dealer.

Our client is an authorized Mustang, Pettibone and Dixie Chopper® dealership. Our client is proud to carry a large selection of new and pre-owned inventory. When a customer is ready to invest in a new loader or other equipment, the company’s friendly and knowledgeable sales, financing, service, and parts departments are prepared to make sure their experience is outstanding, from assisting while they are making a choice as to ongoing maintenance and customization. Our client has always valued the opportunity to create a long-term relationship with its customers, and they do that by giving customers the absolute best service available.

Our client is a dealership that offers new and pre-owned machine sales, and after sales parts and service. The company’s mission is to keep customers’ equipment running in all circumstances.

The company has developed an excellent reputation for machine up time for sold and serviced machines. Our client has a fully equipped shop with factory trained mechanics standing by, ready to help with all customer service needs. The Service Department handles everything from periodic maintenance to complete machine rebuilds. They do it all including full emergency road service. Our client has and is offering not only all inventory and good will, but 3 acres of land and a 12K sq. ft. building as part of the sale.

NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities and Inventrory: Included. See CIM

Growth & Expansion:

The construction industry is rapidly expanding post-Covid. Growth and expansion are only a matter of marketing/advertising.

Financing:

Sellers do not wish to provide financing.

Support & Training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling:

Owners plan to retire.