Rental Business – Family Owned & Operated.
Not Disclosed, MN Washington County
30 minutes east of the Twin Cities
Request More Information Contact the Seller
- RE: Rental Business – Family Owned & Operated.
- Contact: Bill Kraemer
Quick Facts
| Asking Price: | $1,395,000 | |
| Annual Revenue: | $406,500 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $131,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,000,000 | |
| Real Estate: | $500,000 | |
| Year Established: | 1987 | |
| Employees: | 5 | |
| BBN Listing #: | 946132 | |
| Broker Reference #: | 8657 &8658 BK |
Business Overview:
TYPE OF BUSINESS: Rental Business – Family Owned & Operated. Serving the construction, excavation, concrete, lawn and garden, home, party and tent, and U-Haul truck rental industry for over three decades. Their inventory consists of a massive variety of boom lifts, track and wheel loaders, mini excavators, trenchers, dingos, towable air compressors, skid steer, trailers, tables, chairs, canopies, and generators, to name a few. The company has a large market share with a long-established reputation that results in many repeat customers year after year. FACILITY: The business operates from a 4,200-square-foot facility for maintenance, office, retail, and storage with a large shop for indoor storage. This property is available for sale as well for $500,000. This business is located 30 minutes east of the Twin Cities. EMPLOYEES: This is an owner-operator business with four part-time employees and one full-time employee. The owner oversees the business and works with sales and estimating. GROSS SALES: 2023-$406,500; 2022-$420,100. Cash flow for 2023 was approx. $131,000. SALES PRICE: This is an asset sale. The seller is asking $1,395,000 for the business, which includes $1,000,000 (fair market value) in equipment and buildings and property valued at $500,000. The sales price does not include inventory
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Property Features and Assets:
The business operates from a 4,200-square-foot facility for maintenance, office, retail, and storage with a large shop for indoor storage. This property is available for sale for $500,000 as well. This business is located 30 minutes east of the Twin Cities.
Market Competition and Expansion:
There is very little competition in the area. There is plenty of potential to grow the existing business.
Reason for Selling:
retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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