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Equipment Rental Business with National Truck Rental Outlet

Location: Kalamazoo, Michigan  flag
Industry: Service Businesses, Other business services

Asking Price
$ 395,000
Annual Revenue
$ 300,000
Annual Profit
$ 65,000
FF & E
$ 275,000
Inventory
$ 15,000
Year Founded
1988
Number of Employees
1-10
Website
Reason For Selling
Seller has other businesses and operates this absentee
This business is not relocatable.
This business is not home based.

Description of Business

The company was founded in 1988 and rents a full range of tools, equipment and party goods to businesses, contractors and individuals. As a representative for a national truck rental group the company is able to generate considerable revenue annually from not only the handling of the truck rental business, but also the sale of supplies and rental of other equipment such as moving dollies, tie down straps, etc. This national affiliation helps the company generate truck and general rental business from throughout the entire southwestern Michigan and Northern Indiana region. The highly visible, easily accessible location is near a high traffic intersection on a state highway at the Western edge of a major city. All equipment is maintained and serviced on site by a dedicated and seasoned group of employees, with facilities adequate to store and service all equipment indoors. A unique opportunity to acquire a company with a solid history and reputation for quality and performance. The owner will consider all proposals for merger or acquisition.

Property Information:

The company operates from a 10,000 SF leased facility (related party) including retail and administrative space plus a modern shopo with all rental equipment stored indoors, situated on 2+ acres on a major state highway.

Competition and Growth Potential:

The only general equipment rental store in the area, located in the path of growth for this metropolitan area. Strong demand from both contractor as well as homeowner type customers.

Financing Options:

Creative seller will consider contract terms for a qualified buyer.

Support and Training:

The seller will provide adequate training and orentation in the business operations as part of the sale process.

Seller Details:

Roger Rumble, CBI
269-372-4103

The Stratford Associates, Inc.

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