Equipment Rental Co OC CA

Orange County, CA

Seller Financing Available
Equipment Rental Co OC CA

Asking Price:$799,000

Cash Flow:$233,079

Gross Revenue:$646,032





*not included in asking price.

Equipment Rental Co OC CA

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Business Description

Highly Profitable Equipment & Party Rental Company that is well established and is located in Orange County is now available.
The company is reasonably priced. The owner, who is retiring, will train the acquirer. The staff is well trained. The business sale includes all equipment and inventory in it's price of $899,000. The seller will carry back a note for $400,000 for a qualified buyer. The business can easily be grown and the seller will train the buyer in how to do that. The land and building are owned by the seller who will grant a reasonable lease to a qualified buyer. Additionally, the owner may consider selling the land and building if the buyer pays near the asking price for the business in a near cash amount. The seller would carry 10% with the SBA to allow an SBA loan on the business land combo. Otherwise, the seller will offer the buyer the first right of refusal on the Real Estate. The buyer must be well qualified and have a reasonable net worth and good credit.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Owned by seller, New lease on FMV terms to qualified Buyer
Reasonable to light
Growth & Expansion:
Probable if desired
Support & Training:
Full Training and Support will be provided
Reason for Selling:

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Lance Schmidt

Business Listed By:
Lance Schmidt

National Business Brokerage

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Sponsoring Broker:
Bob Baumgarten

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