Highly Profitable Commercial Construction Equipment Rental Business
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We provide the higher capital cost equipment to smaller construction contractors such as metal building erectors, steel structure erectors, framers for 4 story construction, roofing contractors, insulation contractors, solar panel installers, site contractors, stucco or masonry contractors and more. They typically cannot afford this type of equipment and rely on us to make them available on a same day basis.
About the Business
- Years in Operation
- 8
- Employees
- 4 (3 Full-time, 1 Part-time)
1 mechanic, 1 delivery driver, 1 outside salesman, 1 service man - Facilities & Assets
- 450 count established book of repeat clients, 60K of equipment parts for repairs. Existing 1 acre facility can be leased at $7,500 per month until re-located. The equipment inventory can have a 48-month lease with a purchase option.
- Website
- https://point-equipment.com/
- Market Outlook / Competition
- Our Market Service Area is currently a 250-mile radius around the Greater Houston area. We service a sub-market of the larger Heavy Equipment Rental Business. We have approximately 92 rental units. Most are rented all year long. We continue to purchase more equipment every quarter to meet the demand. We are the most competitive in our marketplace because we don't have high overhead nor corporate management restrictions. We will always beat any competitor's prices, because we can!
- Opportunities for Growth
- We expect to be able to grow the company by adding additional salespeople targeting specific construction markets such as Hotels, Apartment Complexes etc. These industries keep multiple pieces of rental equipment for long periods of time, typically 1-2 years per project. These industries are also nation-wide allowing you to secure national contracts from your single location. Our operating software allows for the management of multiple stores at different locations.
About the Sale
- Seller Motivation
- I'm retiring.
- Transition Support
- Owner will provide training and support for a 4-month transition period. We utilize cloud based operating software allowing for mobile management of information for the sales team. It also allows for direct communication with our transporters. The delivery drivers have access to be able to upload delivery or return photos in real-time. The software provides very detailed reports for asset management, procurement planning, logistics and financial management.
- Financing Options
- Buyer purchases the company and we will provide a 48-month lease on the equipment
Listing Info
- ID
- 2511630
- Listing Views
- 16
Business Location
Listing ID: 2511630 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 of Use. Learn how to avoid scams.
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