Business For Sale
Asking Price: $ 350,000 FF&E: $10,000 Inventory: $453,526
Revenue: $ 320,881 Established: 1988 Employees: 1 FT, 1 PT
Tool/Equip Rental Company, Unique Geog. Location Loyal Customers
The company has loyal customers who rent tools and earth moving equipment within a five county market. For customers, an alternative supplier would involve excessive transport costs that make it prohibitive to use.
The company is a dealer of professional lawn mowing equipment and provides repair and service parts to those customers.
The company also provides propane filling and is a warehouse for a regional supplier of industrial gases.
The company is also a dealer of semi-portable car ports and a nationally-recognized brand of zero-turn lawn mowing equipment.
Inventory: Industrial Tools and Equipment, $453,526
Furniture, Fixtures Showroom and office equipment, $10,000
& Equipment (FF&E):
Facilities: 4,800 sq. ft. facility with out buildings located on approx. 2 acres
(approx. 1 acres owned by seller, one additional acre is leased.
Both parcels are for sale in this transaction.
Competition: This is the only tool and equipment rental company in the area and the
company serves the surrounding five counties. There is a major
metropolitan market to the north of the served market area.
Expansion: The company has experienced sales of over $900,000 in the past, but the
seller reduced investment over the past 5 years as he approaches
retirement. A new owner could use manufacturer-supported financing to
add dirt-moving equipment.
Financing: Limited amount for qualified buyer seeking bank financing
Support & Training: Seller will train and consult for 30 days
Reason for Selling: Retirement