Profitable Rental Store on Busy Road - SELLER FINANCING

Chelmsford, MA (Middlesex County)

Seller Financing Available
Building Exterior
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Asking Price: Get Financing: $350,000

Cash Flow: $122,250

Gross Revenue: $435,178

EBITDA: N/A

FF&E: $100

Inventory: $3,500

Lease Rate: $7,250 /SF/Month

Established: 1986

Profitable Rental Store on Busy Road - SELLER FINANCING

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Business Description

Established rental center with a large customer base, many repeat customers and great margins. Chelmsford Rentals operates out of 5200 sq. ft. of leased warehouse and showroom space with overhead door access. This location enjoys fabulous visibility from both Routes 4 and 3. Equipment alone is worth over $400,000. Tax Return numbers. SBA Bank financing available 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:
Chelmsford Rentals 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. Thirty years of success, owner is 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 - North Middlesex County

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