One of the largest scaffolding rental companies in Latvia

Description

For sale business – construction equipment rental company specializing in the sale, rental and installation of construction scaffolding (facade repairs) and aluminum towers.

The company owns scaffolding structures with an area of about 25,000 square meters plus towers, stairs, films, etc.
The company and its employees have all the necessary certificates and skills for scaffolding assembly in multi-storey houses in Latvia. Currently, the company is one of the largest scaffolding rental companies in Latvia with a 12% market share.

The construction equipment rental company has large investments in fixed assets (scaffolding, towers, films, screens, as well as cars) of approximately 700,000 euros. In order to purchase fixed assets, the bank has issued a loan to the company, the current residual value of which is around 120,000 euros.

The company has a management that ensures day-to-day operations. All employees can stay in the company after the sale.

The sale price includes all fixed assets, existing installations and projects, a database of more than 1,500 active customers, a professional team.

Rapidly growing export-oriented long-term business.