Premier Equipment Rental Provider

British Columbia
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Asking Price:$8,250,000
Established Year:2016
ASSET SALES DESCRIPTION

Highly successful equipment rental company available for sale on Vancouver Island. With the largest market share in its community, the business generates approximately $6 million in revenue and has an EBITDA of approximately $2 million. It comes with a fully staffed team, including experienced management, and has three locations serving a diverse population base across Vancouver Island. The fair market value of the assets including inventory is estimated at $8.1M dollars.


The company has built strong relationships with builders, developers, construction companies, and other businesses, while also being the go-to option for homeowners seeking equipment for one-off projects. Financing has been secured for a qualified purchaser, who will need to provide a minimum $1.5M in unencumbered capital to proceed.


This opportunity is being offered as an asset sale, as the rental business is part of a larger holding company. Chinook has collaborated with the company’s accountants to ensure the Profit & Loss statements and Asset List accurately reflect the financial performance of this offering.


DETAILED INFORMATION
Location
British Columbia
Facilities
The business operates from two prime commercial properties, offering excellent visibility and accessibility. These properties, totalling over 3 acres, are available for sale, presenting additional opportunities for expansion or new ventures.
Support & Training
The owner is flexible on deal structure and transition period.
Reason for Selling
The owner is shifting focus to prioritize other investments in their portfolio.
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Keith
MacKenzie
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Keith MacKenzie