Increasing gross profit trend: Cost of sales decreased from 9.4% of revenue in 2013 to 7.0%
The Sales Channel is Solid and Faithful: The Company has strong ties to clients due to its reputation for timely completion and excellent customer service. This commitment is represented in the strong retention rate of accounts.
Heavy equipment base: Over its history, the Company developed a strong asset base of construction equipment and vehicles, allowing multiple projects to be underway simultaneously.
Outstanding growth opportunities: If properly capitalized, the Company has opportunities to expand its reach and broaden client service offerings to further improve appeal with new and existing customers.
Founded in 2005, the Company's revenues were comprised of crane services and machinery moving (64%); fabrication, welding, and industrial maintenance services (21%); and steel sales (15%.) They maintain a solid equipment base including five cranes ranging in size from 21-ton to 175- ton, 10 forklifts to 60,000 lb capacity, two tractors, three trailers, two Landoll trailers, one rollback truck, five pickup trucks, and one rigging trailer to support multiple projects simultaneously.
The Company relies heavily on word-of-mouth and referrals to generate business. Since inception, the Company has established an extensive network of contacts in numerous industries. The principals participate in direct selling activities with new and large account development, including active participation in professional organizations and building a network of clients.