Equipment Rental Business with National Truck Rental Outlet
Kalamazoo
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| Financial Details: |
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Asking Price: $395,000
Payroll Dispersed: $0
Business Debt: $15,000
Annual Revenue: $300,000
Annual Net Profit: $65,000
EBITDA: 275,000
Gross Annual Income: $0
Annual Cash Flow: $0
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| Description of Business |
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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. |
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| General Information |
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Website:
Reason For Selling: Seller has other businesses and operates this absentee
Number of employees: 1-10
Year Founded: 1988
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| Features of Property & Location: |
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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. |
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| Business Competitors: |
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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. |
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