Description In business since 2007, this rental company has repeat customers and word of mouth customer referrals. The market for the rental inventory in this sector has grown dramatically in the last ten years and continues to grow. The seller bought the business in 2010 as her second business. She has only worked at it 10 hours a week since then. She goes into the business office only 4 times a year, for quarterly meetings. She has spent the bulk of her time growing her other business and does not have the time to build both. Thus she has finally decided to sell this one and let someone else have the opportunity to grow it.
There is an excellent manager and staff in place. The business is in good shape but should be doing over twice the revenue it currently does. As the overhead is mostly fixed, and items are rented over and over again, any additional rental revenue mostly goes to the bottom line. So $100,000 of new rental income would add $75,000 to the bottom line. This business needs an owner to work at it 20 to 25 hours a week, who likes to promote business, network for more clients and proactively sell the services it provides. There is a lot of flexibility for an owner to take time off for family needs or travel. This is an amazing opportunity for the right buyer. Asking Price: $245,000.