Rental Store in High Traffic Area with SELLER FINANCING

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Rental Store with Seller Financing!
Asking Price:
$400,000

Gross Revenue:
$437,176
Cash Flow:
$142,813
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$350,000
not included in asking price

FF&E:
$10,000
included in asking price

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Business Description

Thirty-one year established rental center with many repeat customers great margins and a seller who is eager to retire (MOTIVATED!)

About the Business

Year Established:
1986
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
5,288
Lease Amount/Mo.:
$7,250.00
Facilities:
Chelmsford Rentals occupies rented space of 5,200 square feet ideally located on a busy road adjacent to Route 3 and Route 4 with visibility to both. The space provides for secure storage, mostly indoor, for all equipment. There is overhead door access for deliveries and customers alike.

Founded in 1986 and opened in 1987 as a Taylor Rental Center by the current owner, who had experience working in various rental stores in the area. He and partners opened a number of new locations. As the years went by, the current owner bought all the others out and is now the sole owner and has thrived for years!
Growth & Expansion:
Adding and expanding categories will result in increased revenue.
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About the Sale

Reason For Selling:
other interests
Training/Support:
8 weeks

Listing Info

ID:
1492252
Ad Detail Views:
91

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Business Listed by

Matthew Plante

Transworld Business Advisors - North Middlesex County

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

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U.S. Community Survey Data for Middlesex County, MA
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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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