Commercial Equipment Rental & Storage Facility

Montgomery County, OH
Montgomery County

Asking Price: Annual Revenue:
$3,800,000 $1,643,396

Services: Construction, Contractors

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RE: Commercial Equipment Rental & Storage Facility Broker: John Morris
Owner Financing is Available!
$760,000 Down/ $380,000 for 120 months @ 7%/ Other Financing. Some Seller financing may be available for a qualified buyer.

Quick Facts

Asking Price: $3,800,000
Annual Revenue: $1,643,396
Net Profit: Not Disclosed
Cash Flow: $660,514
Total Debt: Not Disclosed
FF&E: $1,883,213
Real Estate: Not Disclosed
Year Established: 1980
Employees: 10
BBN Listing #: 38714955
Broker Reference #: 4307-13551

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Business Overview:

This company is located in rural Southwest Central Ohio. The business is a full-service equipment rental company targeting the light to medium construction marketplace. In addition it offers a storage facility for personal and company storage needs ranging from household items to corporate storage and off season storage of boats and RV's of all sizes.

The company has a complete fleet and inventory of new and used heavy equipment to meet various customer needs. The road & construction fleet consists of more than 200 units for rent. Their available equipment includes Trenchers, Backhoes, Bobcats, Lifts, Excavators and Bulldozers, Asphalt Compactors, Brush Chippers, Stump Grinders and much more! The company carries stock Fire & Water Restoration Equipment and Supplies as well.

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Property Features and Assets:

The facility is located on 6 acres that contains a 10,000 square foot building that contains the retail store, inventory of power tools. In addition, the main 2-story building contains the vehicle repair and maintenance shop adjacent to the retail area of the building. At the rear of the property, is the U-Haul Dealership and U-Store-it facility that consists of 120 storage units and parking for the fleet of U-Haul trucks and trailers. There is ample room on the property to simultaneously and safely maneuver multiple 48' tractor trailers, and passenger vehicles moving from the retail store, maintenance shop, and U-Store-it and U-Haul facilities. Assets = $1,908,213

Market Competition and Expansion:

The need for heavy equipment rental is expected to grow for several years. Job growth and population movement in their market area is expected to continue. In addition, the expectations for highway expansion of Interstate 70 to three lanes west from Dayton will help drive continued revenue growth. The need to contain costs in road construction projects will drive more demand for heavy equipment rental rather than cap-ex purchases by the state and local governments.

Reason for Selling:

The owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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