Construction Machinery Business Investment Opportunity in Riga, Latvia

Business based in Riga selling construction machinery and heavy vehicles.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 3.6 million
EBITDA Margin
6 %
Locations
Local Time
8:52 PM Latvia
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 340 thousand for 50.0% stake (Native Currency: EUR 300,000)
Reason: To increase the number of deals. Take part actively in local auctions, buy from local manufacturing ... View More
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business selling construction machinery and heavy vehicles such as dozers, loaders, excavators, pavers, compactors, dumpers, trucks.

- 5 local banks keep their repossessed machinery and vehicles at our facility. At any given time the bank would have 100-300 assets at our facility.

- We purchase some of the repossessed heavy vehicles from banks and we also import new vehicles from other countries.

- We complete 300-400 deals each year. This includes 130-140 deals for machinery and trucks, plus 150-250 deals for attachments and accessories.

- 70% of the products we sell are exported to USA, South America, Vietnam, Thailand, Russia and European countries.

- Have a database of more than 2,000 customers.

- Business has a professional team of salesmen who are working with the company since day one.

Products & Services Overview

We sell Dozers, Wheel loaders, Backhoe loaders, Tracked excavators, Telehandlers, Skidsteer Loaders, Pavers, Compactors, Graders, Dumpers, Forklifts, Forestry equipment, Agricultural Equipment, Trucks.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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