Semi-Absentee Equipment Repair & Rental Company

Business Overview:

Unique opportunity to own multiple, profitable, established companies under one roof!  A complimentary set of businesses that rent, repair and sell equipment while maintaining an established retail presence in the underserved area of central North Carolina.  Small construction and agricultural equipment, targeted at small businesses and homeowners, stays well-stocked at two locations.  The business also serves numerous contractors and transportation companies, including competitors, by repairing their equipment and vehicles.  Extremely limited competition and an excellent staff of highly-trained managers and technicians ensure that the business retains customers so the Sellers are able to operate the company on a semi-absentee basis.

The financials shown are for the Last Twelve Months through September and for a full-time owner-operator.

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Property Features and Assets:

The company operates from two conveniently-located, high-traffic facilities.  The first, over 70,000 square feet, houses three of the companies on nearly 7 acres.  The second operates in a two year-old 7,500 square foot facility on 5.6 acres.  The property is being represented for sale by Linville Team Partners and may be purchased in conjunction with the business for $3,480,000.  Rent expenses were adjusted in the financials to bring them up to a market rate of $262,487.

Assets = $2,390,000

Market Competition and Expansion:

The Company has little to no competition within a 100-mile radius.  While other equipment rental companies such as Sunbelt and United operated in the same metro area,they market to a different customer and typically rent larger equipment.  No other businesses in the area offer the same services as the Company.

According to the Seller, the company does not perform long-range financial projections.  However, given the rapidly improving name-recognition of their newest store and the diminished uncertainty of the current election year, they feel confident they will achieve 5-10% growth in both revenue and profitability in 2025.  These projections include no additional investment in marketing, including search engine optimization (SEO), Google adwords or social media, which would be a significant benefit to both the retail business and online orders.

Reason for Selling:

Additional Details:

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