Independent equipment rental business Real Estate included!
| Asking Price: | $1,805,000 |
| Gross Revenue: | $650,000 |
| FF&E: | $600,000 |
| Cash Flow: | $160,000 |
| Inventory: | $40,000 |
| Real Estate: | $925,000 |
This equipment rental business has all the right pieces for an entrepreneur to grow it into a very large business. It would also provide a great location for another rental business, local or national, to set down a footprint in this geographic area.
Equipment rental in general has been a growing segment throughout the US and certainly in the St. Louis metro as well. Demand from businesses and individuals continues to increase. Both groups are busy and many have realized that it is often best to rent vs. owning. It can be cheaper in the long run, doesn’t take up space and lowers capital demand.
Businesses that do well in slow economic times are a gem to find. Equipment rental is one of those. Many prefer to rent during downturns, instead of purchasing so rental companies are more resilient than others in tough times.
This companies' great reputation and top notch service has earned it a large and loyal customer base. Location offers very little direct competition. While they have a good offering of equipment and product offerings, there are multiple categories that are not currently served. This a lot of opportunity for expansion. The facility included has more than adequate space for future growth. The discussed Real Estate and amenities are valued at $925,000.00 of the listing price and cost of owning is accounted for in the cash flow calculation.
