Tool and Equipment Rental, Sales, and Service

Riverside County, CA
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Asking Price:$1,600,000
Gross Revenue:$1,473,000
EBITDA:$250,000
Established Year:1985
Cash Flow:$324,000
Inventory:$1,300,000
FF&E:$1,865,000
BUSINESS DESCRIPTION

Largest in area, excellent customer reviews since 1985.

This business is a prominent player in the Tool & Equipment Rental industry, recognized for its robust rental services, retail sales and equipment servicing. With approximately 52% of its revenues derived from rentals and 39% from retail sales, the company established itself as a reliable provider of high- quality equipment to a diverse range of customers, including commercial entities, homeowners and municipalities. The company maintains a strong gross profit margin of 55% on average over the past three years, reflecting its operational efficiency and pricing strategy.

The business caters to a wide customer base, with around 65% of its revenue generated from commercial clients and 35% from homeowners. The company services their own as well as their customers equipment, which sets it apart from competitors and underscores its commitment to customer satisfaction and long-term client relationships.

Included in the sales price is rental equipment of approximately $1.8M and shop equipment of aprox. $65K. . There is an additional $1.3M cost value of new retail equipment for resale.


DETAILED INFORMATION
Location
Riverside County, CA
Inventory
Not Included in asking price
Real Estate
Owned
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The building and property are available for sale along with the business. The business operates out of a 7,000 sq. ft. tilt up sitting on close to a 1 acre parcel of land.
Competition
This business is the dominant Tool and Equipment rental business in the general area, with greater selection and a loyal and dedicated customer base.
Growth & Expansion
The business can grow by extending their limited weekend hours; investing in additional and more sophisticated heavy equipment; and extend out their equipment delivery.
Support & Training
The owner will train the new buyer for up to 25 hours per week and for up to 6 weeks to assist with a smooth transition.
Reason for Selling
After almost 40 years the owner is looking to retire.
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Steve
Barnett
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Steve Barnett