Seasonal 8-Month Niche Equipment Rental Business

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Asking Price:
$549,000

Gross Revenue:
$358,188
Cash Flow:
$193,343
EBITDA:
$143,343
Inventory:
 Not Disclosed

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

• Business is well established and widely known in the area
• Well-managed, easy to operate business, but extremely busy during the summer
• Steadily growing cash flow
• Business does not operate during 4 months in the winter
• High repeat business - over 50% each year
• Sales could be increased if additional rental units were purchased and made available to customers
• This business requires no inventory
• Seller will train
• SBA financing available, which means lower down payment requirements and longer terms
• Seller will sign a non-compete agreement
• Fun, exciting business to operate

About the Business

Location:
Springfield, Missouri
Year Established:
2003
Number of Employees:
23
Home Based:
Yes
Facilities:
The company rents some storage space at a local self-storage business, and stores other items at their home.
Market Outlook/
Competition:
The sellers believe their primary competition are two local companies, although each of those two competitors have a different focus than does this company, so the sellers say they rarely are in a position of having to compete against another company.
Growth & Expansion:
Adding more rental units available would increase sales, since most weeks during the season multiple customers have to be turned away. Additional personnel might also have to be added if sales were increased.
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About the Sale

Reason For Selling:
Seller needs the proceeds from sale for a new business venture.
Training/Support:
The seller will provide 2 weeks of dedicated training, at no additional charge, and will provide that training during the operational season, regardless of when the business is purchased.
Seller Financing:
Seller will consider providing seller financing if required by SBA lender.

Listing Info

ID:
1604718
Ad Detail Views:
0

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Business Listed by

Jerry Myers, MBA, CBI

VR BUSINESS SALES - Spfd/Branson Office

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Certifications:
U.S. Census Data for Greene County, MO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Greene County, MO
Income

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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