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Profitable Truck Rental Business for Sale in Banana, Australia

Opportunity to acquire a stable crane rental business serving loyal clients in the mining industry.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 47 million
Run Rate Sales USD 47 million
EBITDA Margin 30 %
Industries Construction Machinery + 1 more
Locations  Banana
Local Time 2:54 AM Australia / Sydney
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 70 million (Native Currency: AUD 110,000,000)
Reason: The promoter is retiring from the business. This is an advisor-listed profile, and there will be no... View More
Includes physical assets worth USD 47 million
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Business Overview
- Located in Central Queensland, this construction machinery business specializes in providing crane rentals, integral for lifting and shifting operations within the construction and mining sectors.
- Offering a diversified fleet comprising 100 cranes, the company effectively services the thermal coal mining industry, its primary revenue-driving clientele.
- With 260 employees, this business stands as a leader within its niche, exhibiting a consistent and demonstrable track record of financial growth.
- Sophisticated digital enablement initiatives streamline operations, drive productivity, and create efficiencies that distinguish them from competitors.
- The company's assets are exceptionally well-maintained, showcasing above-average asset utilization rates in the industry, enhancing reliability for clients.
- Entrenched in customer relationships that have been nurtured over several decades, the business benefits from a stable and loyal customer base.
- Boasting an impeccable health and safety record, the business operates within a highly regulated industry, prioritizing rigorous safety standards.
- Registered officially with a business registration certificate, this enterprise invites expressions of interest from investors looking to capitalize on a robust and specialized heavy equipment hire market.
Products & Services Overview
The business specializes in crane rentals, offering a comprehensive lift and shift service with a fleet of 100 cranes.
Its core revenue drivers are clients in the mining industry, particularly those operating in thermal coal sectors.
Assets Overview
Tangible assets:
- Owned 3 depots with workshop facilities.
- Crane Hire Fleet comprises 100 owned cranes.
Intangible assets:
- Digital operations and systems.
Facilities Overview
The business operates from three owned depots located in Central Queensland. The current premises include office facilities constructed three years ago.
Capitalization Overview
The business has no loans.
Sole owner business.
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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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