Equipment Rental Company
Not Disclosed, MI Not Disclosed
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- RE: Equipment Rental Company
- Contact: Calder Capital
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $1,208,072 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $403,118 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,277,681 | |
| Real Estate: | $677,272 | |
| Year Established: | 1997 | |
| Employees: | 7 | |
| BBN Listing #: | 980542 | |
| Broker Reference #: | 285 |
Business Overview:
Located in Michigan, the Company offers a comprehensive range of rental equipment for both residential and commercial customers. Its inventory includes but is not limited to front-end loaders, scissor lifts, power washers, generators, and various other excavation and landscape equipment. A dedicated team of full-time and seasonal part-time employees ensures that all equipment is well-maintained and ready for use.
The Company sets itself apart through its in-house maintenance capabilities, employing a skilled mechanic to handle repairs and upkeep. If equipment issues arise on the job site, the Company provides on-site repair services, minimizing downtime for customers and enhancing convenience. Additionally, the Company maintains a strong brand reputation in its geographic area, with many customers approaching the Company due to its reputation.
The current owner is seeking to divest and retire after years of successfully growing the Business since acquiring it. The Company operates from a single location that includes a combined office, shop, and a separate warehouse for storage. The property is owned by a related third party, who is open to leasing or selling the facility in the event of a transaction.
Buyers will be required to have a minimum of $150,000 in available capital, solid credit, and preferably industry experience to qualify for SBA 7a financing.
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Property Features and Assets:
The Company operates out of one location that is owned by a related entity. Current ownership wishes to sell or lease the facility in the event of a transaction.
Market Competition and Expansion:
Investment Highlights Include:
1. Strong Brand Reputation
2. In-House Maintenance Services
3. Excellent Customer Satisfaction
Growth Opportunities Include:
1. Offering Permanent Ownership Solutions
2. Expanding Equipment Catalog
3. Upgrading Point of Rental System
Reason for Selling:
Ownership would like to pursue retirement.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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