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Asking Price: $625,000

Local, Family Owned Grand True Value Rental

Three Rivers, MI
Saint joseph County

Grand True Value Rental in Three Rivers, MI has been family-owned and operated since June of 1994.Their crew has been with them for so many years they are treated like family. After 30 years in the rental business, they are well known in the area and have become the go to rental and party store for all the small contractors and do-it-yourself customers.From lawn tools to construction equipment, party supplies to propane, customers trust this store to meet all rental needs. They are also a convenient local source for UPS shipments and propane refills as well as propane sales, with easy access for pick-ups and drop-offs of rental equipment.Customers can find everything they need here. The huge inventory of well-maintained equipment is always expanding, and the friendly and helpful staff is eager to help customers find what they are looking for. They are also the local dealership for Penske rentals.The building is 6,000 square feet with overhead door for ease of equipment handling. Also has a dish washer and equipment cleaning area. The property is about 1.4 acres. Has two storage trailers and a small outbuilding for equipment storage. It has a circular driveway for ease of propane exchange for motor homes. The property is equipped with an indoor alarm system, cameras and outdoor lights for added security and is fenced.

Cash Flow $244,358
Revenue $602,731

Asking Price: Not Disclosed

Equipment Rental Company

Not Disclosed, MI
Not disclosed

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.

Cash Flow $403,118
Revenue $1,208,072
$ Owner Financing Available

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