Equipment Rental Company

Cincinnati, OH (Boone County)

Equipment Rental Company
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Asking Price: $299,500

Cash Flow: $137,000

Gross Revenue: $375,000

EBITDA: N/A

FF&E: N/A

Inventory: $80,000

Established: 1995

Equipment Rental Company

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Business Description

Located in Cincinnati, this established and profitable company serves a diverse customer base by providing short-term rental of audio visual and computer equipment. Typical equipment includes sound systems, projectors, screens, LED displays, as well as desktop and notebook systems. Rental includes delivery, set-up, installation and support.

The company has long term, repeat clients in the corporate, educational, government, and convention show industries. They serve clients throughout the Midwest including Ohio, Kentucky, Indiana and neighboring states. Businesses rent equipment for many reasons including meetings, sales presentations, conventions, trade shows, seminars, and more.

This business is perfect for an operational type person since the client base is already in place. Plus, it would be easy to grow if the buyer has any sales or marketing skills.

The business is priced at just over 2 years of cash flow and that includes approximately $80,000 worth of rental equipment.

Detailed Information

Location:
Cincinnati, OH
Inventory:
Included in asking price
Employees:
8
Facilities:
The company a nice leased facility. The company also maintains excellent rental equipment.
Competition:
The AV rental industry is projected to grow over the next five years. This company is in an excellent position to capitalize on that growth.
Growth & Expansion:
The company is profitable today and should remain that way with no changes. However, a focused sales effort - something the company does not have today - would accelerate growth.
Support & Training:
The seller will ensure full training and complete transition support. The seller will also entertain a long term consulting agreement.
Reason for Selling:
Retirement
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Troy Frank

Business Listed By:
Troy Frank

Indiana Equity Brokers

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