Equipment Rental and Sales

New Bern, NC

Seller Financing Available

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Asking Price:$500,000
FF&E:$25,000
Established Year:1991
Inventory:$400,000
Real Estate:$649,000
BUSINESS DESCRIPTION

Established rental company that serves small contractors, specialty trades and home owners. The company has been in business since 1991 and is located on the very busy Hwy 17 south with excellent visibility. This is a great opportunity for a new owner to break into the tool rental industry with a turn key business. This truly is a business that could experience rapid growth with a new owner, marketing and expanded rental offerings.

The real estate is listed for sale by SVN/ Effird Real Estate


DETAILED INFORMATION
Location
New Bern, NC
Inventory
Included in asking price
Real Estate
Owned
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located on 1.34 acres with road frontage on Hwy 17 in New Bern NC. The main building has approximately 3000 Sq ft that includes, office space, showroom and warehouse area. A second is used for the storage of inventory. There is a large fenced in area for the laydown yard. The company has a large variety of inventory that serves small contractors and homeowners
Competition
The craven county market is experiencing strong growth. There are currently two other rental companies that are focused on large equipment rentals and large projects. There is significant demand for rental services.
Growth & Expansion
The upside growth potential for this business is tremendous. The company does not currently have a website nor does it advertise. All business is word of mouth. In addition the business currently has limited hours and does not deliver equipment to rental clients. Expanding the rental inventory offerings would also enhance revenue.
Support & Training
30 days
Reason for Selling
retirement
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Rob
Norris
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Rob Norris