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- RE: Premier Equipment Rental Company In North Texas
- Contact: Kevin Dover
Quick Facts
Asking Price: | $1,800,000 | |
Annual Revenue: | $818,734 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $499,203 | |
Total Debt: | Not Disclosed | |
FF&E: | $706,677 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 3 | |
BBN Listing #: | 935547 | |
Broker Reference #: | 6021-18092 |
Business Overview:
This ERC is a profitable equipment rental company with a proven track record within the high-demand niche of long-term rentals. The company has refined its inventory over seven years to focus on equipment with consistent demand, such as generators, scissor lifts, forklifts, power washers, and pumps. This focus allows for a more straightforward and efficient business operation, avoiding complexities associated with a broader inventory and technical maintenance requirements. This company differentiates itself by offering delivery and maintenance of equipment directly to client sites without requiring certified technicians, reducing overhead and providing a competitive edge. The streamlined approach to rental and maintenance and a strategic inventory selection make this opportunity an attractive and practical option for long-term rental clients looking to maximize their investment through cost-effective rental solutions.
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Property Features and Assets:
The Company operates from a home base in North Texas, with a reach that extends well beyond its origins, catering to customers throughout the Dallas/Fort Worth area, across the entire state, and into neighboring regions. In response to growing demand and to streamline operations, it has recently established a staging area to manage the inflow and outflow of its equipment rentals. Apart from items in need of repair, the entirety of the inventory is committed to long-term rentals, emphasizing the Company's strong market presence and demand stability in its service areas. This strategic move underscores the Company's dedication to serving a broad customer base with efficiency and reliability.
Assets = $987,139
Market Competition and Expansion:
The company stands out in the competitive equipment rental market by emphasizing exceptional customer service and readily providing new equipment as needed. Customers demonstrate their reliance through long-term rental contracts, often surpassing seven years. The company's unique approach includes equipping all machinery with advanced GPS tracking technology, which sets it apart from competitors. Additionally, it employs decoy GPS units as a theft-prevention measure. This strategy and comprehensive insurance effectively safeguard against asset loss, ensuring no financial impact from equipment theft. The North Texas region is experiencing a significant construction boom underpinned by a robust economy and rapid population growth. The construction equipment rental company poised for sale is uniquely positioned to benefit from this surging market demand. The company's current market position and reputation for reliability and service excellence make it an ideal platform to leverage this regional growth.
Reason for Selling:
Personal and Family.
Additional Details:
- The property is Leased.
- 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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