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  • RE:  Rental Business - Family Owned & Operated
  • Contact:  Bill Kraemer

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $406,500
Net Profit: Not Disclosed
Cash Flow: $131,000
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: $500,000
Year Established: 1987
Employees: 5
BBN Listing #: 951713
Broker Reference #: 8657 & 8658 BK

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Business Overview:

TYPE OF BUSINESS: 

Rental Business – Family Owned & Operated.

A well-established rental company that has proudly served the twin cities metro area for over three decades. Specializing in construction, excavation, concrete, lawn and garden, home, party and tent, and U-Haul truck rental industry. Inventory consists of a wide variety of boom lifts, track, and wheel loaders, mini excavators, trenchers, dingos, towable air compressors, skid steer, trailers, tables, chairs, canopies, generators, and more to cater to various industries and individual needs.

The company’s longevity in the industry reflects their commitment to meeting the diverse needs of their clients with professionalism and expertise. With over 30 years in the business, they have earned the trust of countless customers and partners.

FACILITY: The business operates from a 4,200-square-foot facility for maintenance, office, retail, and storage, with a large shop for indoor storage. This property is included in the sale price of approximately $650,000. This business is located 30 minutes east of the Twin Cities.

EMPLOYEES: This is an owner-operator business with four part-time employees and one full-time employee. The owner oversees the business and works with sales and estimating.

GROSS SALES: 2023-$406,500; 2022-$420,100. Cash flow for 2023 was approximately — $ 131,000.

SALES PRICE: This is an asset sale. The seller is asking $1,295,000 for the business, which includes $1,000,000 (fair market value) in equipment and buildings and property valued at $500,000. The sales price does not include an inventory of $20,000

REASON FOR SALE: Retirement.

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Property Features and Assets:

The business operates from a 4,200-square-foot facility for maintenance, office, retail, and storage, with a large shop for indoor storage. This property is included in the sale price of approximately $650,000. This business is located 30 minutes east of the Twin Cities.

Reason for Selling:

Retiring

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

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