Cook County, IL Equipment Rental and Dealers For Sale

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Tow Hitch & Truck Rental Business & RE for Sale in NW Suburbs of IL
$1,615,000Cash Flow: $213,238Seller Financing
Tow Hitch & Truck Rental Business & RE for Sale in NW Suburbs of IL

Cook County, IL

This is a tow hitch and box truck rental business located on an extremely busy road in the Northwest suburbs of Illinois. There are more than 50,000 cars that drive past the front door of this business and property every day. They sell and install trailer hitches and provide round trip and local truck & trailer rentals. The property is for sale in addition to the business. The current owners started the business and acquired the property 33 years ago. They have been in business a long time and have established a reputation for providing low cost & dependable rental trucks & trailers with no hidden costs and after hour drop offs for convenience. Insurance is included in all rentals and their rates remain the same 7 days per week, unlike some of their competitors who charge more on weekends when most people tend to rent. They also repair trailer towing lights & sell/rent bicycle racks. They have 7 different size trucks with loading ramps & automatic transmissions. Note: The current owners prefer to sell the business & property together. Asking Price/Business & Real Estate: $1,615,000 plus inventory Gross Annual Sales (approximately): $532,313.00 (2016) Cash Flow (approximately): $213,238.00 (2016) Value of Trucks, Trailers & Equipment (approximately): $125,000.00 Value of Inventory (approximately): $17,000.00 Value of Real Estate (approximately): $1,320,000.00 Building, Property details (approximately): The annual real estate taxes are +/- $44,000. The lot size is +/- 1.525 acres. The building is +/- 2,700 SF. It’s a 1-story commercial building with plenty of parking. The building is located on a VERY busy street in the Northwest Suburbs of Illinois with more than 50,000 cars driving past the front door each day! Seller Financing: Owners will consider a small amount of financing with qualified & experienced buyer/operators. Contact: Tony, info@ababusinessbrokers.com, Advantage Business Acquisitions, Inc. 847-722-1877


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