Equipment Sales with Rental & Service

Rockford, IL
Winnebago County

Rockford Area

Asking Price: Annual Revenue:
$4,500,000 $5,071,202

Services: Rentals - Party, Equipment

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RE: Equipment Sales with Rental & Service Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $4,500,000 13% Buyer Down Payment: $585,000 17% Seller Financing: $765,000 70% Bank Loan: $3,150,000

Quick Facts

Asking Price: $4,500,000
Annual Revenue: $5,071,202
Net Profit: Not Disclosed
Cash Flow: $841,714
Total Debt: Not Disclosed
FF&E: $3,000,000
Real Estate: Not Disclosed
Year Established: 1956
Employees: 23
BBN Listing #: 619834398
Broker Reference #: SER084

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Business Overview:

With over $5MM in sales and fully staffed, this two-location equipment rental business has been serving a well-established customer base in the Rockford area for over 60 years! As a complete rental, service, and retail establishment, this company carries an abundant selection of top-quality equipment, machines, products, supplies, and accessories. Their revenue is 61% ($3.1M) from equipment and parts, and 39% ($1.9M) from rental activity. The team of well-trained staff is dedicated to their clientele, offering service at both locations on their equipment brands.

Offering everything from aerators, tractors, core drills, excavators, and concrete saws to carpet installation tools, painting units, pressure washers, grills and more, this business caters to the rental needs of lawncare and landscaping professionals, contractors, and homeowners. They also sell lawn and garden equipment and stock an assortment of other merchandise, such as carpet cleaning supplies, shovels, rakes, safety glasses, and sandpaper. Their main facilities are a spacious 12,000 square feet each, along with two storage buildings that are 2,400 and 3,000 square feet.

Their well-known name and commitment to excellence brought them 10,000 unique customers in 2019. Growth opportunities would include investing in heavy equipment used for big construction jobs that are ongoing in the area.

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Property Features and Assets:

Lease: Location 1: 12,000 square feet; Location 2: 12,000 square feet; 2 storage buildings: 3,000 square feet & 2,400 square feet.

Reason for Selling:

Exit Strategy

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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