Well Established Equipment Rental Company

MO

Seller Financing Available
Well Established Equipment Rental Company

Asking Price:$900,000

Cash Flow:$111,935

Gross Revenue:$914,293

EBITDA:N/A

FF&E:$112,000

Inventory:$69,200*

Real Estate:$495,000

Established:1979

*not included in asking price.

Well Established Equipment Rental Company

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Business Description

This is a 36 year old equipment rental company with an excellent
reputation in the community for providing great customer service and quality equipment. The company provides a wide variety of equipment for rent from light-duty equipment for homeowners to heavy duty equipment for contractors and municipalities. The company is also an authorized dealer/service center for a premier line of gasoline powered equipment.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company is located in a one story building with separate space for a customer counter, retail space and office space. There is a large area for inventory storage as well as a large shop with overhead doors. There is a large equipment yard and it is very convenient for pick up and drop off of equipment. The total size of the land is 0.92 acres. The company is located less than one mile from a major interstate on/off ramp.
Competition:
This company has been in the same town for 36 years and enjoys an excellent reputation in and around the community that it serves. The "big box" stores, such as, Home Depot have gotten into the equipment rental business, but can not compete on quality, service and convenience. The closest competition is about 10 miles away.
Growth & Expansion:
There are good opportunities for expansion with the development of a professional website and a social media campaign. The owner has not put any considerable time or expense into advertising and marketing. Oppurtunities exists to expand the product line both in terms of types of equipment for sale as well as expanding the scope of equipment available for rental to contractors and municipalities.
Support & Training:
The owner is committed to an orderly transition. In addition the company has a full-time manager that is willing to stay on if so desired by the buyer.
Reason for Selling:
Retirement

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Thomas P. Long

Business Listed By:
Thomas P. Long

Turning Point Advisors, LLC

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