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Business for Sale Summary

Equipment Rental & Sales Business for sale in TX - 33953

Business Type: landscaping & yard services,equipment rental and sales
Equipment Rental & Sales Business for sale in TX
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This business has received 11 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,040,252 Down Payment $2,040,252
Gross Revenues $1,832,975 Lease Remaining Register Free to View
Owner’s Cash Flow $70,860 Number of FT Employees Register Free to View

Financing

$2,040,252 Down and

Business Description

Heavy equipment rental & sales business now available! Great opportunity with a long history of profitability in any economic condition. Options to buy the business only or business plus property. Business is located on a busy highway just outside of town. Owner is looking to retire after 17 years in the business. The current net cash flow does not reflect the potential of this business. The owner has taken past profits and put it back into the business & property, effectively building an impeccable operation with an excellent reputation with customers as well as financial institutions. The business sits on 3 acres, with the total property being 22 acres, with both residence and commercial shop, garage, and offices. Drive through equipment wash station with re-circulated hot water, filtered so any waste by-products are bio-degradable. Owner has a distributorship for implements which he sells and rents. Regular clients are contractors and ranchers in a 150 square mile radius that rent equipment for short and long terms. When the economy and the oil fields are up, business almost doubles. Owner has managed the company so it is profitable in good or down economies. All inventory is 100% paid for and is the hear & soul of the business. Property and buildings totaling 22 acres are available as a separate deal for $1,959,748 when purchasing the business. A business purchase only can include a right of firs refusal for the property later. Call Broker Gary Meyn for more information today!

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.