Scaffolding Company Investment Opportunity in Riga, Latvia
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 540 thousand |
Run Rate Sales | USD 650 thousand |
EBITDA Margin | 15 % |
Industries | Scaffolding |
Locations | Riga |
Local Time | 9:51 PM Europe / Riga |
Listed By | Business Owner / Director |
Status | Active |
- The company is a prominent player in the scaffolding rental industry in Latvia.
- Boasts a substantial inventory of 25,000 sq m worth of scaffolding material and a diverse clientele of over 1,700 clients.
- It has established itself as a reputable dealer of leading scaffolding brands such as SLV Group, Pionart, Nova-Tech, and Krause, as well as being the leading dealer of the Plettac system in Latvia.
- With a 12% market share, the company is recognized as the 4th largest scaffolding rental company in Latvia, indicating a strong position within the market.
- The company is well-positioned to benefit from the funding allocated by the State to promote energy efficiency in residential buildings.
- With a highly qualified and experienced staff of 10 employees, including a professional installation crew.
- We procure raw materials from Poland through a strong network of 5-6 suppliers.
- These offerings are utilized by construction companies, architects, builders, and property developers to meet specific design needs and ensure safety.
However, the owner is selling his share of the company at a lowered valuation due to the presence of loans in the company, the declining nature of the construction industry in Europe and to make it more attractive to a potential investor.
We use bank loans to fund scaffolding purchases and have a current outstanding of approximately EUR 130,000.
-
Earlier than 15 daysDirector, Wood Products Distributors, Delhi, Individual Investor / Buyer connected with the Business