Niche Equipment Rental Company | $1.0m + EBITDA

Niche equipment rental company that serves utilities and utility services companies, with longstanding well-established relationships and contracts. The Company operates entirely on a third-party management (subcontracted) model and can be operated from anywhere. Key management would remain involved with the business post-Closing. The Company provides, through its network of subcontractors, vital equipment for operating at utility transmission and distribution sites. The Company only requires three employees at its current level, and it can be operated remotely. It currently has WBE certification and would benefit from an owner with WBE, MBE or Veteran status, though there are ways a transaction could be structured with buyers who lack any of those characteristics.

- Consistent, strong, financial performance
- Multi-year agreement with key customer
- No capital expenditures with asset-free model
- Seasoned management with deep industry knowledge and relationships
- Remote workforce; low overhead structure
- Favorable industry dynamics with T&D infrastructure expansion and upgrades
- Longstanding relationships with customers and integration into supply chains
- Strong AR collections history with no bad debt
- Readily identifiable exit strategy for buyer in ever-consolidating industry
- Rapid growth potential by serving customers that the current owners can’t solicit.
- 100% relationship-driven and could be scaled through other marketing methods
- Add end-user markets, such as special events and construction sites.