Equipment Rental & Sales Company
Location United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1920000
Net Profit / Cash Flow $286000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1956
Number of Employees 10 - 19
Inventory 850000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owner is willing to stay on for up to 5 years and give transition support as requested.
Reason for Sale Owner wants to pursue other interests and prepare for retirement.
Description Well established, profitable Mid-Atlantic based construction & industrial equipment dealer located in 2 growing markets, both with a population of over 1 million. In 2008 the rental income was $700,000 and the business has a brisk repair business as well. The rental fleet is up to date with an ROI of over 50%. This dealer has a clientele of top local and national established businesses and is well diversified with no customer doing more than 15% of dealer's total volume in a year. This dealer has top lines of light construction equipment and the locations are highly visible and well known to the customer base. The company specializes in compressors, tools, concrete sawing and abrasive blasting equipment. Seller wishes to retain real estate but will lease to the buyer. Locations are well equipped and all shop equipment, office furniture, office equipment and computer equipment will be included in the sale. Resale inventory is current and turns over regularly. Replacement value of rental equipment is over $1.5 million. Business priced at 5X cash flow. Contact for more information on this Equipment Rental & Sales Company for sale.
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