30%+ SDE Equipment Rental Company
Cash Flow: | $403,118 |
FF&E: | $1,277,681 |
Established Year: | 1997 |
Gross Revenue: | $1,208,072 |
Real Estate: | $677,272 |
Located in Michigan, the Company offers a comprehensive range of rental equipment for both residential and commercial customers. Its inventory includes but is not limited to front-end loaders, scissor lifts, power washers, generators, and various other excavation and landscape equipment. A dedicated team of full-time and seasonal part-time employees ensures that all equipment is well-maintained and ready for use.
The Company sets itself apart through its in-house maintenance capabilities, employing a skilled mechanic to handle repairs and upkeep. If equipment issues arise on the job site, the Company provides on-site repair services, minimizing downtime for customers and enhancing convenience. Additionally, the Company maintains a strong brand reputation in its geographic area, with many customers approaching the Company due to its reputation.
The current owner is seeking to divest and retire after years of successfully growing the Business since acquiring it. The Company operates from a single location that includes a combined office, shop, and a separate warehouse for storage. The property is owned by a related third party, who is open to leasing or selling the facility in the event of a transaction.
Buyers will be required to have a minimum of $150,000 in available capital, solid credit, and preferably industry experience to qualify for SBA 7a financing.