Our firm presents an opportunity to purchase a two-year-old rental business that is already experiencing very high margins and great cash flow. With this business only being in operation for two years imagine where a new buyer could take it in the future. Included in this incredible opportunity is $800,000 of relatively new equipment that has an average life span of approximately 10 years. This business currently rents to a diverse market including commercial and residential contractors, various type of companies in the oil and gas industry, and even has contracts in place with the film industry.
The owner the business employs 4 full-time employees and 1 part-time employee. According to the owner one of the full time employees has management potential and could possibly move this to a semi-absentee owned business. This company’s revenues have been quickly grown on the reputation of excellent service and the room for geographical expansion is broad. The equipment that is rented by this business is generated by a need rather than a want and will always be in demand. Current rental pricing is in line with similar businesses but there is certainly flexibility based on market demand and type of industry being served. The equipment being included in this purchase has some upper end versions which of course rent for higher revenue. Currently the business leases land from the present owner but this business could easily be relocated to another location. The equipment rented has some unique identifying features which are easily recognized and help entrench the company’s brand in customers’ minds.
The current owner is wanting to sell this great business which he established as he is wanting to relocate out-of-state. Owner may consider some seller financing for a qualified buyer with a proper down payment. Come see this unique business that will provide a buyer with fantastic cash flow, meet the owner that established this business from the ground floor, and see the opportunity it presents for you, make offer!
Asking Price $1,400,000
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