Established Equipment Rental Company - West Michigan

Michigan

Seller Financing Available

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Asking Price:$725,000
Gross Revenue:$833,676
Real Estate:$950,000
Cash Flow:$248,944
FF&E:$422,876
Established Year:1967
BUSINESS DESCRIPTION

Absentee Ownership!

This Company is a well-established and respected provider of equipment rental, repair, and maintenance services, catering to both homeowners and contractors. Operating for more than five decades from the same prime location, it has built a strong reputation for reliability and quality service in the community. The Business benefits from consistent, positive cash flow and operates efficiently with a lean, experienced team. With a competent manager overseeing day-to-day operations, the Company requires only minimal involvement from ownership.

Since acquiring the Business in 2016, the current owners have successfully managed it on an absentee basis, allowing them to focus on other ventures. Now, with a solid operational structure in place and a loyal customer base, they are looking to sell the Company to an interested buyer who can take advantage of its established success and potential for further growth.


DETAILED INFORMATION
Location
Michigan
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
5,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
5,000 sq. ft. facility with equipment retail and rental showroom, and a service center.
Competition
Investment Highlights Include: (1) Turnkey Operation (2) Low Staffing Needs (3) Industry Demand
Growth & Expansion
Growth Opportunities: (1) Increase Marketing (2) Increase Equipment Inventory (3) Expand Delivery Range
Financing
Limited seller-financing is available for qualified buyers.
Support & Training
Ownership is willing to provide reasonable and customary transition assistance.
Reason for Selling
Ownership is seeking to sell in order to focus on other business ventures.
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