Established Equipment Rental Company - West, MI
Not Disclosed, MI Not Disclosed
West Michigan
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- RE: Established Equipment Rental Company - West, MI
- Contact: Small Business
Quick Facts
| Asking Price: | $725,000 | |
| Annual Revenue: | $833,676 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $248,944 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $422,876 | |
| Real Estate: | $950,000 | |
| Year Established: | 1967 | |
| Employees: | 4 | |
| BBN Listing #: | 979238 | |
| Broker Reference #: | 868 |
Business Overview:
This Company is a well-established and respected provider of equipment rental, repair, and maintenance services, catering to both homeowners and contractors. Operating for more than five decades from the same prime location, it has built a strong reputation for reliability and quality service in the community. The Business benefits from consistent, positive cash flow and operates efficiently with a lean, experienced team. With a competent manager overseeing day-to-day operations, the Company requires only minimal involvement from ownership.
Since acquiring the Business in 2016, the current owners have successfully managed it on an absentee basis, allowing them to focus on other ventures. Now, with a solid operational structure in place and a loyal customer base, they are looking to sell the Company to an interested buyer who can take advantage of its established success and potential for further growth.
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Property Features and Assets:
5,000 square feet facility with equipment retail and rental showroom, and a service center.
Market Competition and Expansion:
Investment Highlights Include:
(1)Â Â Â Turnkey Operation
(2)Â Â Â Low Staffing Needs
(3)Â Â Â Industry Demand
Growth Opportunities:
(2)Â Â Â Increase Equipment Inventory
(3)Â Â Â Expand Delivery Range
Reason for Selling:
Ownership would like to pursue other business interests.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:
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