Equipment Sales & Rentals (Government & Businesses)

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2018 Revenue up 8% over 2017. Retirement Sale. Potential Real Estate.
Asking Price:
$7,500,000

Gross Revenue:
$8,000,000
Cash Flow:
$1,700,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$6,000,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This business is a well established commercial grade equipment dealership with a strong rental component. 2018 revenue is up over 8% versus 2017 through seven months. The business serves a regional customer base of government, construction, commercial, and utility industry entities. Owned & operated by an entrepreneur with many years of experience in the industry, the business has a proven business model that emphasizes the provision of quality, new equipment at competitive prices for purchase or rental with superior supporting customer service. The rental inventory is new, well-maintained, and turned over on a regular basis often for sale prices that equal or exceed original acquisition cost for the equipment. The rental division of the business specialize in longer term rentals, a significant majority of rentals are on a weekly or monthly basis. The business model has been replicated in the past successfully by ownership, making this a prime acquisition candidate for a buyer interested in growing the service footprint of the business. The earthworks & commercial equipment commonly rented & sold by the company includes excavators, asphalt pavers, compactors, bulldozers, dumpers, backhoes, wheel loaders, lifts, and booms.

The business is being offered as a stock sale. The price includes a positive balance sheet value of $6,000,000 from equipment, inventory, and accounts receivable.

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About the Sale

Reason For Selling:
Retirement
Training/Support:
The seller will provide an appropriate amount of transition training/consulting to smoothly facilitate a transfer of ownership.
Seller Financing:
The seller will finance a portion of the transaction for a qualified buyer.

Listing Info

ID:
1504395
Ad Detail Views:
2101

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U.S. Census Data for Washington
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Washington
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
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