Equipment Rental
Location Mississippi,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $137663
Net Profit / Cash Flow $82931
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Inventory 340000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retirement.
Description The scope of equipment which available for lease through this company ranges from heavy duty backhoe tractors to chainsaws to party rentals. The business has built a good reputation over the past seven years for being able to meet the rental needs of their customer base which is continually growing and expanding. The business has grown over the recent years as a result of cleanup and reconstruction activities which resulted following Hurricane Katrina which has plagued the entire region. The business also has a experienced service department which has the ability to not only keep the rental equipment owned by the business serviced and in good working order but a sizeable portion of the annual revenue earned by the company is from outside service work. The service department has an expertise in small engine repair and this reputation has allowed the company to grow a large base of repeat customers. The sale of repair parts has also become a very lucrative portion of the business as well. The company has an investment of $250,000 in rental equipment and the inventory of parts and supplies kept in inventory will be more than $90,000. The real estate will have a value of $750,000 and it is to be included in this proposed transaction. Contact for more information on this Equipment Rental business for sale.
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