What should I look at in a masonry contractor’s scaffolding and mixing equipment?
Check each piece of scaffolding, mixer and hoist for condition, ownership and inspection records. Count what the crew actually needs against what is owned, and ask what is leased or borrowed. Worn frames, missing parts or poor maintenance logs point to costs you would inherit.
Walk the yard with the equipment list in hand. Match every frame, plank, mixer and hoist to the list and note anything damaged, rusted or missing parts. Ask when scaffolding was last inspected and by whom. Safety records matter here, because falls and failures are costly and serious.
Next, ask about ownership. Are items owned outright, financed or leased? Are any under liens? Ask your lawyer to confirm title before you rely on the list. Check whether some gear belongs to employees or a related company and would not come with the business.
Ask how the mixers and small tools are maintained, and what has been replaced lately. Estimate what will need replacing soon, because that comes out of your cash. An appraiser can give you a professional view of the equipment, and a lender may want one before financing. Check also whether the amount of scaffolding fits the crew size and the kinds of jobs the company wins. Ask whether the equipment suits the work the company wants to win. Taller buildings or restoration jobs may call for different staging, and a buyer who plans to grow should list what extra gear would be needed before taking on bigger projects. Ask the crew too, since they know which frames and mixers cause trouble.
Key takeaways
- Match the equipment list to what you see in the yard.
- Ask for inspection and maintenance records on scaffolding.
- Confirm ownership and any financing against each item.
Related reading
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
- 02Business Development Bank of CanadaGovernmentEquipment purchase financing for entrepreneurs
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
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