This $1.9 M business specializes in the rental and servicing of equipment necessary and in support of both commercial and residential endeavors. Market coverage expands across five counties surrounding a large metropolitan area. Categories of equipment include building contractors, lawn and garden, party accessories including tents, inflatables/games, business promotional items and tools. Top brands such as John Deere, Bobcat, and Briggs & Stratton are mainstay company offerings.
This 43-year-old company has built a loyal, community fed customer base that relies on its quality and dependability. Over 17,000 contracts are satisfied each year between its two facilities. Company is capital intensive with gross equipment levels exceeding $2.5 million. On average the company will add/replace from 5-10% of gross value per annum. Accounts Receivable and Accounts Payable are not significant. The company has key customers on the contractor side and has little to no customer concentration issues.
The company has a seasoned, dedicated staff that adds value because of their ability to provide top-notch customer service and product knowledge to their diversified customer base. The management team is well positioned to bring continued support and infrastructure to the business going forward.
The company is on solid financial footing for 2016 with a strong future supported by market growth estimations. 2016 promises to be the company’s best year with revenues to reach or exceed $1,975,000 and EBITDA to exceed $300,000.
Asking Price Between $1,000,000 and $2,500,000
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