Established and Profitable Rental Company

Chelmsford, MA (Middlesex County)

Seller Financing Available
Established and Profitable Rental Company
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Asking Price: $250,000

Cash Flow: $125,077

Gross Revenue: $469,801

EBITDA: N/A

FF&E: $350,000

Inventory: $3,500

Rent: $7,250 /Month

Established: 1986

Established and Profitable Rental Company

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Business Description

For over 30 years, this rental center has been the staple go-to in in the community for any event or party you are planning by providing the service and the tools to make it a success! They are a one-stop-shop offering party goods, catering equipment, tents, tables, inflatables, construction equipment, and home and garden items. With increasing, an excellent reputation, a loyal and large customer base that have been coming back for generations and continues to grow; this is a must-see opportunity. The business operates out of a 5,200 sq.ft. leased warehouse that features a showroom space to help you plan your event. It is easy to get to and great visibility from both Rte 4 and 3. Seller considering to hold a note to qualified buyers!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,288
Lease Expiration:
12/31/2019
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business occupies rented space of 5,200 square feet ideally located on a busy road adjacent to Route 3 and Route 4 with visibility from both. The space provides for secure storage, mostly indoor, for all equipment. There is overhead door access for deliveries. Revenue for 2018 is running 1.3% ahead of '17! Thirty years of success, owner is semi-retiring and wants to leave his customers in good hands.
Growth & Expansion:
Adding and expanding categories will result in increased revenue.
Support & Training:
Two weeks
Reason for Selling:
retirement
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Matthew Plante

Business Listed By:
Matthew Plante

Transworld Business Advisors of North Shore Boston

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Sponsoring Broker:
Transworld North Boston

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