Motivated Seller for Profitable Washer Dryer Rental Co. 325+ Rentals

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Asking Price:
$340,000

Gross Revenue:
$134,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$186,137
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Washer Dryer Rental for individual clients needing month to month service plan who don’t want to Rent to Own. Huge client base with 320+ client already renting. Business is expandable and easily relocatable! Great individual small business for any business minded entrepreneur

About the Business

Location:
Euless, Texas
Year Established:
2004
Number of Employees:
3
Facilities:
Home-based/Workshop and storage unit easily re-locatable.

Established current customer base with monthly sales of $11,500 - $12,000. This will transfer directly to new ownership. This is a proven business model and current owners have owned and operated the business successfully for almost 14 years basically as a mom and pop operation. The business is very scalable and without a large investment could be grown significantly.

An honest business that provides a needed service within the community. There is a great demand for this rental service and it's growing. If you answer the phone, take care of the rental equipment, and customer base is 95 percent of the business. Business model is simple, and 14 years proven.
Market Outlook/
Competition:
Total Sales are spread over a large customer base, with no large single customer. The loss of any single customer has no impact on the business because as customers leave new customers are added. Current owners target a small and specific geographic area of the DFW metroplex for personal reasons. New owner could easily focus on the same area or expand into as many parts of the DFW metroplex as desired. Business has one national competitor and 1 or 2 local competitors in the entire DFW Metroplex.

Due to great competitive pricing and great customer service there is minimal competition. This business is currently being run from a home office/workshop and is relocatable to any location. Complete client base remains with new owner. New owner to start receiving $10-12K in monthly rents upon sale! There is no face to face customer relations. Great customer service and very competitive pricing, maintain a high retention rate with majority of the client base.
Growth & Expansion:
Total sales revenues could easily be increased as present owners only work a part time schedule and service a very limited DFW geographic area. Business could be grown vertically by going full time and marketing in more of the DFW area. Presently business only rents full size washers and dryers. Adding stackable and all-in-one units could be added to rental inventory. Other items such as TVs, refrigerators, computers, etc. could also be added to increase rental sales. Business does very little social media, network marketing and advertising. Business savvy entrepreneur with strong marketing and social media presence background, could explode this business! Adding other locations, and increasing employee staff would aid in business growth and sales.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
4 weeks

Listing Info

ID:
1486183
Ad Detail Views:
939

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months
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Business Listed by

George Albright

Transworld Business Advisors of North Richland Hills

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