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Premiere Midwest Scaffolding Rental Company

South Bend, IN, USA
Updated 4 hours ago

The Company is a regional player that provides scaffolding services for a large portion of the Midwest. Their services include the setup and tear down of scaffolding for new building construction and restoration. It provides flexible, reliable, and safe scaffolding solutions using a ring lock system, focusing on larger projects and responding swiftly to emergencies. They are a union shop, which entitles them to all of the best and marquee projects in their operating region. The company has a phenomenal intrinsic asset value of more than $14MM in scaffolding alone (that they own outright) and they continue purchasing additional assets to keep out in the field in order to churn out cash. Scaffolding has an excellent product life usability profile as well, with many assets on the books still that were placed in service all the way back to 2002 even. Confidentiality is a concern for the Seller as they seek the right buyer, and so the location information provided in the ad is that of the Advisor in the related submarket, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.

Buyer Fee?

No

Franchise?

No

Real Estate?

No

Relocatable?

No

Principals Only?

No

Willing To Co-broke?

Yes

Management Will Stay?

No

Represented By Broker?

Yes

Financials

Asking Price
Undisclosed
RevenueMost Recent Year
$42.8M
Earnings (SDE)Last Reported
$11.0M
Assets Value
Undisclosed
Seller Financing
Yes

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