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Business for Sale Summary

Equipment Rental Business Serving Small Biz & DIY - 37276

Business Type: freight moving/delivery/storage/warehousing,misc. service/non-classifiable,non-classifiable establishments,other business services,owner financing available,equipment rental and sales
Equipment Rental Business Serving Small Biz & DIY
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Financial Information (non-confidential)

General Information
Asking Price $1,050,000 Down Payment $300,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $267,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and terms to be decided

Business Description

Rental / U-Haul Dealer Business Serving Small Business & Do-It-Yourselfers Northern New Jersey

For over 50 years, this has been the 'go to' rental location servicing local small contractors and do-it-yourself homeowners supplying everything from lawn and landscaping equipment, party tables and chairs all the way up to heavy duty Bobcats, Backhoes and Excavators. Also has a U-Haul dealership bringing in over $100,000 in commissions per year. The purchase price includes over $400,000 of equipment (rental fleet, truck, trailers)

Closure of two nearby competitors has resulted in double digit growth over past 6 months. Numerous other growth opportunities include adding Google Search advertising to bring in new customers and expanding rental fleet to cover obvious holes in their offerings.  Multiple profit centers make for a consistently profitable business.  Great opportunity for someone new to the industry or as an add-on to a larger industry player.  

Call the broker Steve Silver directly for more information 856-979-1728

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

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