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Business For Sale
TOOL & EQUIPMENT RENTAL
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Asking Price: |
$1,999,999
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Other business interests |
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Year Established:
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1989 |
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# of Employees:
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5 |
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Yearly Revenues:
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$1155904 |
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Yearly EBITDA:
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$93679 |
Business for Sale Overview:
This profitable business in northeast Indiana rents tools and equipment, sells equipment and utility trailers, and does installation and wiring of those trailers. Its customers come to it from as far away as 50 miles, from 3 different states, because it offers good service and has the largest selection in the area. About 70 percent of its customers are repeat customers. The business is an authorized U-Haul Equipment Rental Dealer location. The business often gets new customers through referrals from other businesses. It is known for its prompt service, keeping its word and having high-quality equipment.
The owner, who started the business in March 1989, is willing to stay on after the business’ sale for 60 days to smooth the transition
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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