Reach Cranes is a mini-crane mounted on a 2022 Ford Ranger Ute, serving the Waikato region. The business generates $71,000 in Seller's Discretionary Earnings (SDE).
Key Details:
•SDE of $71,000 (based on the last 12 months' financials)
•Includes a 2022 Ford Ranger, mini-crane system, and water tank trailer
•Total replacement cost of equipment: ~$150,000
•Recently acquired and shut down local competitor BMC Cranes
This is an opportunity to acquire a turn-key operation with a proven customer base, exclusive territory rights, and modern equipment. For crane or construction companies, it provides an efficient way to expand into tight-access jobs that are uneconomical for larger equipment.
The asking price of $220,000 represents the value of the assets ($116,000) plus a 1-year multiple on the $71,000 SDE. This multiple is in line with industry standards for a well-established, cash-flowing business.
Opportunities for growth include:
•Expanding into the agricultural sector (water tank/drum moves)
•Adding additional ute-mounted units to build a fleet
•Cross-selling to builder, civil, and logistics clients
Price $220,000 (incl. all assets)
Contact Matt Kirke - 027 314 0570 or Matt Barnes - 021 828 563.
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36472
