This well-known Rental Equipment Company is located in Central New Jersey and enjoys significant operating margins and documented consistent profitability. This business currently operates from a 5,000+ sq. ft. leased warehouse with retail and office space included.
The company enjoys a competitive advantage by providing access to highly specialized equipment with quick, dependable service and pricing. Homeowners and contractors alike know that they can rely on the firm to meet their requirements – rental, sale, counter service, pickup and delivery.
It is projected that a new owner will obtain additional growth by expanding the direct sales efforts (to contractors and job sites) with a minimal annual investment of $50k. The company projects a revenue growth rate under such premise of 10%+ per year.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.4x EBITDA (ttm). A full valuation report by a national valuation firm is included in the prospectus. There is $100k A/P to be assumed and the deal includes $125k in current A/R and $1M in inventory. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain more than $300k benefit in after-acquisition-debt cash flow in year #1 (40%+% ROI).
A comfortable six months transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
￼￼￼￼￼￼￼￼￼￼￼￼￼￼(ALL DATA BASED ON SIGNED TAX RETURNS)
Asking Price $3,210,000
You May Also Like
Relocatable & Nationwide Niche Rental & Service Co #407881 posted May 25, 2016
- New Jersey, United States
This growing and exciting business provides renting of niche equipment to a long, diversified and prestigious client list. Rentals are primarily B2B with some B2C. This service business is a unique and niche opportunity for any entrepreneur or strategic buyer in a related or complementary type business....
Special Events Tent Rental Business On East Coast #388593 posted Aug 26, 2015
- Virginia, United States
Great Existing Business with new Valuable Contracts. Special Events Rental and Tent Rental Business for Sale, $995,000! This company has been specializing in large commercial tent rentals for special events for over 40 years. They are currently servicing the horse and dog show industry plus county fairs,...
Established Equipment Rental Company, W/ Inventory #374800 posted Feb 18, 2015
- West Virginia, United States
A great opportunity to own a very well established equipment rental business. The owner is tired after 30 years and feels a new owner could take the business to the next level. Over the years he has been very successful and reinvested in a tremendous inventory of rental equipment. There is a tremendous...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.