A local contractor is retiring, we are considering buying him out. He's asking $250,000, everything he has runs and is consistently being worked (no broke down junk here, but some of it is pretty old). This is not an advertised sale, he approached us to see if we are interested. What do you think ? 1. 1990 Caterpillar 225LC Hydraulic Excavator (Classic Edition). 2. 1998 John Deere 690D-LC Hydraulic Excavator 3. 1977 Caterpillar 950 Front End Loader (Classic Edition)(with bucket and snow plow attachment) 4. 1969 Caterpillar 950 Front End Loader (with log grab) 5. 1973 Caterpillar 950 Front End Loader (with bucket and snow plow attachment) 6. 1979 Caterpillar 950 Front End Loader (with bucket and snow plow attachment) 7. 1998 Caterpillar 416 2WD Backhoe 8. 2006 Caterpillar 420 4WD Backhoe 9. 1978 Caterpillar D4D Dozer 10. 1978 Caterpillar Grader (with diggers, blade and snow plow attachment) 11. 1990 Caterpillar 3 phase 100 KW diesel gen set. 12. 1995 International Tandem Truck (tractor)(white) 13. 1983 International tandem Cement Mixer truck (red) 14. 1988 Kenworth Tandem Dump Truck (green) 15. 1987 Kenworth Tandem Truck (tractor)(blue) 16. 2001 Western Star Tandem Dump Truck (purple) 17. 1988 Freightliner Tandem Dump Truck (red) 18. 1973 Western Star Tandem Dump Truck (red) 19. Spare Caterpillar engine for Kenworth or Freightliner truck (ready for installation in case of breakdown) 20. Spare Cummins engine for Western Star Tandem truck (ready for installation in case of breakdown) 21. High bed trailer (suitable for logs, cement anchors, fish feed etc.) 22. Low bed equipment trailer 23. 2001 Dodge 2500 Cummins Diesel pickup (grey, good condition) 24. 1995 Dodge 1500 pickup (green, medium condition but still usable) 25. 1990 Toyota pickup (poor condition, suitable for use in pit or on site only) 26. 2008 Ford F-250 Super-Duty pickup (red, outfitted to accommodate sanding unit) 27. 2006 Fisher Sanding Unit (motorized spreader, stainless steel) 28. Parker Rapide Vibrating Screening Plant 29. Spare Lester Engine for screening plant (ready for installation in case of breakdown) 30. Diesel Welding Machines (2) 31. Miller Electric Welder (220, 400 amp) 32. Pavemaster compactor/roller (single roller) 33. Pavemaster compactor/roller (double roller) 34. Asphalt recycler (homemade, but works and is often rented out) 35. 2 acres of land in ......... 36. Utility Shed 37. Bunkhouse/office. Typically rented to contractors from outside the area or used by company staff on jobsites 38. Fuel storage tank with meter, filter and pump (2) 39. Scrap steel. Large stock of steel I Beams, channel iron, plate steel, pipe, etc. 40. Large stock of oils, grease, hydraulic fluid etc. 41. Road signs. (trucks turning, equipment working etc.) 42. Load binders 43. Large stock of chain 44. Tire chains for most pieces of equipment 45. Stock of new cutting edges for front end loaders 46. Oxygen and Acetylene tanks and torches 47. Grinders and other power tools (drills etc.) 48. 220 volt 60 gallon compressors (2, both operational) 49. Mastercraft Drill Press 50. Overhead lift and hoist for shop 51. Battery chargers 52. Diesel powered steam generator (for cleaning equipment) 53. Extensive inventory of mechanics tools for heavy equipment repair and maintenance 54. Large inventory of new filters, seals, bearings and other common parts 55. Land surveying instruments 56. Spill Kits 57. Air powered floor jack 58. Hydraulic jacks 59. Water pumps (assist cement mixing operation) 3 gas powered, 3 electric 60. Trash pumps (electric)(3) 61. Small gas generators (3) 62. Plate compactors/tampers (3) 63. Gas driven air compressor 64. Stihl Concrete/Asphalt/Steel Cut off Saws (2) 65. Large propane heater (salamander type) 66. Hydraulic Hose crimper 67. Spare Hydraulic hose 68. Forms for pouring concrete anchor blocks 69. Entire contents of .............'s existing heavy equipment warehouse, too many miscellaneous items and tools to list. Also includes large stock of spare tires and rims
Looks like if I didn't hate cold, I'd be up there trying to beat you to it.
seems to good to be true dont it, we are going for it, just wanted to put it up see the response. Like I said, alot of the gear is pretty old, but it is well maintained, everything running and out on different jobs everyday
solid old gear beats the payments on new anyday, and it's usually cheaper to repair, too
where im sitting thats a value at near twice the price.
35. 2 acres of land in ......... This is something in itself. Land is worth money. Another question is: Are you getting clients? 250 big ones is a pile of cash but do you want your competitors to get this?
great deal. just make sure the mechainic will be staying for awhile. not being sarcastic, just that older iron needs t.l.c. that is an amazing deal. i would'nt think twice if i had the money. i don't know where it is but heck who cares. and you get all of the clients?
Looks like a good deal. Snow clearing contracts are out now. However be aware nl government are not that good paymasters. Them old 950s are bullet proof