Construction & Industrial Rental Equipment with RE

Not Disclosed, VA

Asking Price: Annual Revenue:
$2,400,000 $1,627,912

Services: Construction, Contractors

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RE: Construction & Industrial Rental Equipment with RE Broker: Fred Walker

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $1,627,912
Net Profit: Not Disclosed
Cash Flow: $793,051
Total Debt: Not Disclosed
FF&E: $1,440,000
Real Estate: $500,000
Year Established: 1987
Employees: 9
BBN Listing #: 14364955
Broker Reference #: 2001-15891

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Business Overview:

Specializing in heavy construction equipment rental for industrial and commercial use, this family-owned and operated business has served southwest Virginia for 33 years. Besides its large rental inventory, the company also offers equipment sales.

For 33 years this business has grown organically and has never had an outside salesman. Their reputation is outstanding.

This business also owns and operates a U-Haul dealership which is a small contributor to revenue.

Included in this sale is the real estate this business operates from.

This company is located in the foothills of the Appalachian Mountains. There are an amazing amount of opportunities to be in nature from fishing to hunting and beyond. Besides nature activities, other recreational and cultural venues exists including theaters, racetracks and a variety of restaurants and shops. Additionally, the area boasts excellent school systems and higher educational options.

Through the sale of this company, the owner is moving towards semi-retirement.

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Property Features and Assets:

The commercial building is 9,000 square feet. The land is 2.6 acres which provides for an ample area for parking and equipment. Assets= $2,130,000

Market Competition and Expansion:

They are the largest heavy and industrial equipment rental company in their area and have an outstanding reputation. Residential sales are booming in rural communities. This region reflects this trend and is a major growth area. This increase in construction increases the need for heaving and industrial equipment.

Reason for Selling:

The owner is selling so he can be semi-retired.

Additional Details:

  • The property is owned.
  • 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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