Sold

Established Equipment Rental Company – West Michigan

Business Category: Building Materials, Hardware, Garden, Business Real Estate, Construction Businesses, For Lease, For Sale, Miscellaneous Repair Services, Miscellaneous Retail, Miscellaneous Services, Other Business Services, Other Personal Services, Retailing Businesses, Service Businesses, Uncategorized
Location: Michigan

Listing Price:

$725,000

Revenue: $833,676

Cash Flow: $248,944

Financing Terms: Limited seller-financing is available for qualified buyers.

Real Estate Available: Real Estate Available For Sale: $950,000 or For Lease
Reason For Sale: Ownership is seeking to sell in order to focus on other business ventures.
Number of Employees: 4

This Company is a well-established and respected provider of equipment rental, repair, and maintenance services, catering to both homeowners and contractors. Operating for more than five decades from the same prime location, it has built a strong reputation for reliability and quality service in the community. The Business benefits from consistent, positive cash flow and operates efficiently with a lean, experienced team. With a competent manager overseeing day-to-day operations, the Company requires only minimal involvement from ownership.

Since acquiring the Business in 2016, the current owners have successfully managed it on an absentee basis, allowing them to focus on other ventures. Now, with a solid operational structure in place and a loyal customer base, they are looking to sell the Company to an interested buyer who can take advantage of its established success and potential for further growth.

Opportunities for Growth

(1) Increase Marketing
(2) Increase Equipment Inventory
(3) Expand Delivery Range

Investment Highlights

(1) Turnkey Operation
(2) Low Staffing Needs
(3) Industry Demand

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