Equipment & Event Rental in SW Florida

Charlotte County, FL

Seller Financing Available
Equipment & Event Rental  in SW Florida

Asking Price:$1,250,000

Cash Flow:$288,875

Gross Revenue:$875,505

EBITDA:N/A

FF&E:N/A

Inventory:$1,638,000

Established:31

Equipment & Event Rental in SW Florida

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Business Description

This well established SW Florida Equipment & Event Rental business has been a fixture in the community since 1985 and is the go to rental center in the area. They do all of the major festivals in the area and have an excellent reputation for customer service and reliability.
The business does about 40% sales in equipment rental, 40% sales in event rental and 20% in sales & service repair.
They are a Stihl & Honda Generator dealer.
The replacement cost of the rental inventory is $1,638,000 and is included in the asking price.
Real Estate is being offered in addition to the business sale.

Detailed Information

Inventory:
Included in asking price
Facilities:
7250 SF of enclosed space is situated on 1.47 acres. Wash pad with grease trap. Area to hang up tents to dry. Fuel Station with fire barrier.
Competition:
This is the largest equipment rental in the area & is in a prime location.
Growth & Expansion:
There is potential for growth by marketing to the Wedding Industry. 90% of the event rentals are Non -Wedding related.
Financing:
Owner would consider some owner financing for the right qualified buyer
Support & Training:
Owner will stay on for predetermined time to train new owner. Knowledgeable, experienced staff in place.

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Heather Rideout

Business Listed By:
Heather Rideout

KW Commercial - Keller Williams Peace River Partners

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