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Mississippi Business For Sale |
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| EQUIPMENT RENTAL |
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| Attn: Broker |
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| Not Disclosed, MS, USA |
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| Asking Price: |
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$1,500,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Business and Office |
| Reason for Selling: |
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Retirement. |
| Year Established: |
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2001 |
| # of Employees: |
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3 |
| Yearly Revenues: |
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$137,663 |
| Yearly EBITDA: |
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$82,931 |
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Business for Sale Overview:
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The scope of equipment which available for lease through this company ranges from heavy duty backhoe tractors to chainsaws to party rentals. The business has built a good reputation over the past seven years for being able to meet the rental needs of their customer base which is continually growing and expanding. The business has grown over the recent years as a result of cleanup and reconstruction activities which resulted following Hurricane Katrina which has plagued the entire region. The business also has a experienced service department which has the ability to not only keep the rental equipment owned by the business serviced and in good working order but a sizeable portion of the annual revenue earned by the company is from outside service work. The service department has an expertise in small engine repair and this reputation has allowed the company to grow a large base of repeat customers. The sale of repair parts has also become a very lucrative portion of the business as well. The company has an investment of $250,000 in rental equipment and the inventory of parts and supplies kept in inventory will be more than $90,000. The real estate will have a value of $750,000 and it is to be included in this proposed transaction.
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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