CBBMA

Charlotte Business Brokers, Mergers and Acquisitions
Helping Entrepreneurs Buy and Sell Businesses


Phone:
(704) 248-8266

Equipment Rental plus 2 Additional Services


Listing #:TS40236EqpR     Location:North Carolina

Charlotte Business Brokers
Tim Sweeney
Phone: (704) 248-8266


Business Summary
New Listing
Business Activity:
Outstanding opportunity to buy a diversified business. Equipment rental is only one leg of this three leg stool. Unfortunately, I cannot disclose the other services until a confidential agreement is signed.

Everything in place. Well trained and knowledgeable work force including a general manager and department managers. A diversified customer base. All of the equipment and inventory needed as well as an outstanding facility.

Facilities:
The companies facility is about 70,000 square feet with great road frontage. It is a well maintained, nice looking facility setting on over 7 acres of land with good road frontage.

In addition to tool rental and parts showrooms, they have adequate office space for the staff. Large bays allow product to be moved easily into the work areas as needed.

About 20,000 square feet of the facility is not currently utilized. This space is available for expansion or rental potential.

Date Business Began:  07/13/2005

Employees:  17

Reason for Sale:  Owners looking to slow down. Semi-retirement


Financial Information
Business Price $ 2,000,000
Real Estate Price $ 1,500,000
List Price $ 3,500,000
Cash Down $ 500,000
Revenue $ 2,500,000
Cash Flow $ 510,589
Net Assets Included 2,676,710
Revenue Cash Flow
Proj $ 2,500,000 $ 510,589
2017 $ 2,357,994 $ 488,469
2016 $ 2,119,906 $ 403,900
2015 $ 2,350,465 $ 501,385
Included Assets as of 12/31/2017
Inventory $ 476,710
FF and Equipment $ 700,000
Real Estate $ 1,500,000
Total Asset $ 2,676,710
 
Net Assets Included $ 2,676,710