Equipment Rental Business - Commercial, Residential & Party Goods
Business Description
The company was founded by the current owners over 30 years ago and has grown and evolved into the current operation. The company rents hundreds of items including lawn & garden equipment, automotive equipment, contractors equipment such as backhoes, bobcats, trailers and compaction equipment. The company is also well known in the region as the "go to" place for party rentals including canopies, tables, chairs, food & drink equipment, lighting and even dance floors. The company enjoys a strong history of repeat customers with sales being generated from an inside sales force along with a strong internet website. A diverse customer base allows for no one customer accounting for more than 5% of annual sales volume. The dedication to quality and service is what sets this company apart from competitors and would make a strong addition to another rental business looking for a strategic acquisition or an owner operator seeking a solid business opportunity. Asking price includes all fixed assets of company consisting of vehicles, office furniture and computers, shop tools as well as all equipment offered for rental. $30,000 of parts and supplies inventory held for resale at time of closing is also included. New whole goods inventory held for resale, such as mowers, blowers, chain saws, generators and other power equipment is in addition to the asking price. A unique opportunity to acquire a strong company with a solid service history and reputation. Sellers will consider all proposals for merger or acquisition.
About the Business
- Years in Operation
- 37
- Number of Employees
- 6
- Facilities & Assets
- The company operates from two buildings comprised of 7,920SF situated on approximately 2 acres on a major thoroughfare. All commercial, industrial, residential rental equipment and party goods items are included in the asking price along with $30,000 of new replacement parts and supplies. Any new equipment held for resale is in addition to the asking price.
- Market Outlook / Competition
- This company is the only full service rental equipment/party goods center operating within a 25 mile radius of the stores' location. Due to the history and types of equipment available, customers do come from more than 50 miles away to obtain specialized equipment and or service.
- Opportunities for Growth
- There is opportunity for growth by adding a larger variety of equipment to the rental fleet, plus the demand for party goods rentals currently exceeds the owner's ability to accommodate all of the requests for this part of the business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 7,920
- Rent
- $4,000.00 per month
- Lease Expiration
- 12/31/2025
About the Sale
- Seller Motivation
- The owners are looking to slow down in anticipation of retirement.
- Transition Support
- The seller will provide adequate training and orientation in the business as part of the total sale price.
Listing Info
- ID
- 2103211
- Listing Views
- 2520
Listing ID: 2103211 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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