International Heavy Equipment Distributor

Business Description

For sale is a 22-year-old Miami-headquarted business that serves the Construction, Mining, Transportation and Industrial markets as a distributor for new, original, OEM, used, rebuilt, reconditioned and replacement heavy equipment and parts. They work as the exclusive distributor in Central and Latin America and the Caribbean for many worldwide brands, including Terex Trucks, Terex Tower Cranes, Tadano, Fuchs, Hyundai, Genie, Demag, Mecalac and ASV. The sale would include the Florida corporate office as well as the Mexico and Panama offices.

The business typically marks up the equipment from manufacturers 10-15% for customers. 40% of their customers are end-users and 60% are resellers. Additionally, they provide maintenance and service across South America for the brands they sell.

The owner is open to staying on with the business and helping a buyer grow and scale, especially into regions where the company already has deep relationships with manufacturers (i.e. Costa Rica and Chile).

Financial Overview

Asking Price: $10,000,000

Revenue: $8,486,335

Income: $1,745,125

Multiple: 5.7x

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