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Business For Sale
EQUIPMENT RENTAL
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Asking Price: |
$399,000
USD USA Dollars
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Business for Sale Industry: |
Services: Non-classifiable
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Reason for Selling:
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Retirement |
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Year Established:
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1996 |
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Yearly Revenues:
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$255,998 |
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Yearly Cash Flow:
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$96,000 |
Business for Sale Overview:
Lending to contractors and homeowners, this business was established in 1996 and has found its own niche in the community and outlying area. An excellent reputation has been established through the offering of a well maintained and reliable rental equipment fleet and the development of a very strong commitment to customer service. The rental equipment ranges from small items like saws, mowers, chargers and sanders to large items like aerial lifts, backhoes, skid steers and excavators with numerous items in between. The new equipment has replaced low marginal merchandise. In addition the business is an authorized dealer for Diamond Products (Core Cut brand name), PRIMEX (abrasives), STIHL (power equipment), STENS (power equipment parts), House Hasson (Trustworthy Hardware), Granite Industries (scaffolds), Bil-Jax (aerial lifts) and Capacity of Texas (backhoes). The sales merchandise in the hardware section is directly related to the equipment being rented and features everything from saw blades to sandpaper. The attractive well maintained 5,040 square feet facility, situated on a 1.07 acre tract of land with much room to expand is located on a major state highway with 7,730 vehicles of traffic exposure each day. It has a spacious showroom of 2,000 square feet and a maintenance and repair garage of 1,800 square feet. The real estate is available for an additional $315,000. By focusing on rental revenue and high margin merchandise the business continues to improve its profitability.
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