Local, Family Owned Grand True Value Rental

Asking Price$550,000

Cash Flow
$244,358
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$602,731

Inventory$20,058
Included in asking price
FF&E$540,000
Included in asking price
Real Estate$400,000
Not included in asking price
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Local, Family Owned Grand True Value Rental


Asking Price$550,000

Cash Flow
$244,358
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$602,731

Inventory$20,058
Included in asking price
FF&E$540,000
Included in asking price
Real Estate$400,000
Not included in asking price
Business Description
Grand True Value Rental in Three Rivers, MI has been family-owned and operated since June of 1994. Their crew has been with them for so many years they are treated like family. After 30 years in the rental business, they are well known in the area and have become the go to rental and party store for all the small contractors and do-it-yourself customers.
From lawn tools to construction equipment, party supplies to propane, customers trust this store to meet all rental needs. They are also a convenient local source for UPS shipments and propane refills as well as propane sales, with easy access for pick-ups and drop-offs of rental equipment.
Customers can find everything they need here. The huge inventory of well-maintained equipment is always expanding, and the friendly and helpful staff is eager to help customers find what they are looking for. They are also the local dealership for Penske rentals.
The building is 6,000 square feet with overhead door for ease of equipment handling. Also has a dish washer and equipment cleaning area. The property is about 1.4 acres. Has two storage trailers and a small outbuilding for equipment storage. It has a circular driveway for ease of propane exchange for motor homes. The property is equipped with an indoor alarm system, cameras and outdoor lights for added security and is fenced.
About the Business
Years in Operation
31
Franchise
This business is an established True Value franchise
Market Outlook / Competition
In the market area for this rental store, it does not have any competition. This location does both
equipment for small contractors and consumers plus it also has a large amount of Party Rental equipment
that serves this community.
Opportunities for Growth
The growth over the past three years has been very good. To keep growing they can add additional
equipment to their inventory of items for rent.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Owners retiring
Transition Support
The business has a capable Manager that will stay.
Listing Info
ID
2406884
Listing Views
168

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Business Listed by: Tom Buckley FNBC Kansas City

Listing ID: 2406884 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.