DITCH WITCH EQUIPMENT DISTRIBUTOR
Seller:
Attn:
Dave Green
Location:
Not Disclosed, NA, USA
Listing Number:
"0931"
Overview of the Business:
National Business Search is representing for sale, on an exclusive fee paid basis, an established and profitable franchised distributor for products of The Charles Machine Works, Inc. (CMW), manufacturers of Ditch Witch underground construction equipment. The Company is based in the southern U.S, has 2 locations, and was founded over 40 years ago. It carries the full Ditch Witch line of construction equipment, providing sales, rentals, parts and service. Ditch Witch equipment includes trenchless machines, trenchers, mini- excavators, plows, tractors, backhoes, and saws, for home construction and excavation purposes. Ditch Witch is the number one rated heavy equipment brand in its class and has received many awards worldwide. The customer list contains over 1,000 customers. Customers include government agencies, public and private utilities, rental companies and contractors for all underground utility installations. The Company has won numerous awards in various years from CMW for exceeding annual sales goals and for being in the top 10 list of franchisees. The Company has averaged $7.7MM in sales and $718,000 in restated EBITDA (earnings before interest, taxes, depreciation and amortization) over the last 3 years.
Property Features and Assets:
2 locations.
Market Competition and Expansion:
Expectations are 10 to 15 percent annual growth over the next 5 years due to growth of the area and new products from CMW.
Additional Details:
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