The Industrial Equipment Leasing Company is located in Canada. The Company rents and leases equipment to a diversified client base of industrial companies in Canada.
The shareholders are pursuing a full sale of the business to a buyer who can grow the business further.
One of the majority shareholders would like to pursue other ventures. The other partners are willing to remain in the business long term to ensure a continuity to new ownership.
Key Investment Highlights
Large variety of equipment — The Company has grown its equipment fleet and independently appraised at a value of over $30M.
Strong foundation — The Company has a strong reputation in the industry resulting in high demand for the range of industrial equipment from companies.
Strong recurring revenue of diversified clients
The Company forecasts a 10% rise in EBITDA for 2024 and 2025 – a conservative projection; stronger if the Company is able to overcome supply chain issues.
Last 5-years Annual Contract Revenue compound annual growth rate (CAGR): 83%
2020 EBITDA: $7.7M
2021 EBITDA: $10.1M
2022 Projected EBITDA: $9.0M
2023 Projected EBITDA: $11.9M
*Figures in CAD$
Seller Reference #532410-S10H22
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