| Asking Price |
$1,280,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$810,346 | Real Estate |
$850,000** |
| Cash Flow |
$305,000 | Year Established | 1987 |
| FF&E |
$853,105* | Employees | 8 |
* included in the asking price
** not included in the asking price
Long established and well managed equipment rental and contract service business. Very profitable business that serves general retail clients as well as general contractors. Also has a separate contracting business that works in conjunction with the rental business that sends operators out with machines. They also maintain other year to year contracts and provide service with the equipment that is in the rental fleet. This side of the business has accounted for approximately 20% of overall business and could expand easily with a market plan. Good day to day manager and staff in place. Over $400k of equipment recently purchased with the balance very well maintained. Real estate is available for purchase with the sale. Several acres with room to grow. SBA and conventional financing prequalified.
Attachments: Download additional information (PDF)
Facilities: Several acres of land with room to grow. Four bay garage/storage/repair/ warehouse and two offices. Also a six bay garage. Located on main highway in commercial/industrial area.
Competition: Limited competition and stable market. Large advantage over competition due to large inventory of equipment.
Growth/Expansion: Renting equipment offers independence to customers. It enables the customer to complete projects without unnecessarily purchasing equipment. The customer does not have to store or maintain the equipment. Also, rental equipment is generally more powerful, better built and more thoroughly tested than equivalent products offered to consumers. For these reasons, this industry offers growth even in economic downturns.
Financing: 10% for qualified buyer, real estate as collateral
Support/Training: Negotiable.
Reason Selling: Retirement

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