Equipment Rental Company

Cincinnati, OH
Boone County


Asking Price: Annual Revenue:
$299,500 $375,000

Services: Communication, Media, Technology


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RE: Equipment Rental Company Broker: Troy Frank
Owner Financing is Available!

Quick Facts

Asking Price: $299,500
Annual Revenue: $375,000
Net Profit: Not Disclosed
Cash Flow: $137,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 8
BBN Listing #: 136637008
Broker Reference #: IEB-101-09

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Business Overview:

Located in Cincinnati, this established and profitable company serves a diverse customer base by providing short-term rental of audio visual and computer equipment. Typical equipment includes sound systems, projectors, screens, LED displays, as well as desktop and notebook systems. Rental includes delivery, set-up, installation and support.

The company has long term, repeat clients in the corporate, educational, government, and convention show industries. They serve clients throughout the Midwest including Ohio, Kentucky, Indiana and neighboring states. Businesses rent equipment for many reasons including meetings, sales presentations, conventions, trade shows, seminars, and more.

This business is perfect for an operational type person since the client base is already in place. Plus, it would be easy to grow if the buyer has any sales or marketing skills.

The business is priced at just over 2 years of cash flow and that includes approximately $80,000 worth of rental equipment.

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Property Features and Assets:

The company has a nice leased facility. The company also maintains excellent rental equipment.

Market Competition and Expansion:

The AV rental industry is projected to grow over the next five years. This company is in an excellent position to capitalize on that growth. The company is profitable today and should remain that way with no changes. However, a focused sales effort - something the company does not have today - would accelerate growth.

Reason for Selling:

Retirement

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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