Growing Equipment Rental Business looking for a new leader.
Snohomish County, WA
| Asking Price: | $950,000 |
| Gross Revenue: | $653,000 |
| Rent: | $3,700/Month |
| Established Year: | 2002 |
| Cash Flow: | $195,000 |
| Inventory: | $850,000 |
| FF&E: | $100,000 |
Listing ID: 2299058Listing provided by BizBuySell
BUSINESS DESCRIPTION
Grab your share of a 47.8 Billion dollar industry.
A well-established small contractor equipment rental business, situated just one block from a major state highway, has been thriving since its inception in 2002. Serving both Snohomish and King Counties, this profitable and recession-proof business aims to expand its market share within a burgeoning community. The company, efficiently managed by a skilled and seasoned staff, caters to an absentee owner. Additionally, it supports the event rental industry, presenting further opportunities for revenue generation.
DETAILED INFORMATION
Location
Snohomish County, WA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
01/01/2028
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located on nearly half an acre, the current property owner is open to discussing a property purchase or the possibility of extending a long-term lease. The sale includes all rental inventory, vehicles, furniture, and fixtures.
Competition
The nearest comparable competitor is situated 10 miles away, presenting you with vast potential for market growth and minimal competition for similar market shares. While there are other rental companies present, they do not serve the same market segment as your target demographic.
Growth & Expansion
The potential for growth is bound only by the quantity of rental inventory available and the extent of time and marketing efforts you are prepared to invest. With the local area expanding rapidly, the customer base is set to increase annually.
Support & Training
The current owner will offer on-site training and support for a period of up to three months. Further commitments can be negotiated upon the sale of the business.
Reason for Selling
Owner would like to retire full time.
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