Tupelo Data Room
Equipment Rental & Dealers, Concrete
Active

Independent equipment rental business Profitable with more opportunity

St Louis (City) County, Missouri, United States
listing image
Asking Price$880k
Revenue$650k
EBITDA-
Cash Flow$160k
Description
Sales and Profit continues to grow! This equipment rental business has all the right pieces for an entrepreneur to grow it into a very large business. It would also provide a great location for another rental business, local or national, to set down a footprint in this geographic area. Equipment rental in general has been a growing segment throughout the US and certainly in the St. Louis metro as well. Demand from businesses and individuals continues to increase. Both groups are busy and many have realized that it is often best to rent vs. owning. It can be cheaper in the long run, doesn’t take up space and lowers capital demand. Businesses that do well in slow economic times are a gem to find. Equipment rental is one of those. Many prefer to rent during downturns, instead of purchasing so rental companies are more resilient than others in tough times. This companies' great reputation and top notch service has earned it a large and loyal customer base. Location offers very little direct competition. While they have a good offering of equipment and product offerings, there are multiple categories that are not currently served. This a lot of opportunity for expansion. The facility has more than adequate space for future growth. The discussed Real Estate and amenities are valued at $925,000.00 and can be leased with the purchase of the business or can be purchased along with the purchase of the business. For information contact Jeff Bach at 314-941-8530 or email at [email protected]
Real Estate
$925kNot Included in Asking Price
Building Size: 11000 sq. ft.
Furniture Fixtures & Equipment
$600k
Inventory
$40k
Reason Selling
Retirement
Facilities & Assets
Extensive buildings and property with room for growth!
Support & Training
Seller will assist with training and transition.
Market & Competition
The business has no close, direct competition.
Growth Opportunities
Many items and categories can be added to the equipment and service lineup. While it would take some capital investment and improvement to the property, there is more than adequate space.
Asking Price$880k