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

(704) 248-8266

Diversified Business

Listing #:TS87236EqpR     Location:North Carolina mketphoto

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

Business Summary
Great Gross Profit Margins
Business Activity:
Outstanding opportunity to buy a diversified business. SBA financing available. The business has 3 unique businesses under one roof. One of the businesses is an Equipment rental business. The other business categories are not disclosed.

The company has outstanding gross profit margins: ( 60% excluding labor, or almost 40% including labor ).

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.

The company's 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:  18

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

Financial Information
Business Price $ 2,200,000
Real Estate Price $ 1,500,000
List Price $ 3,700,000
Cash Down $ 775,000
Revenue $ 3,066,032
Cash Flow $ 814,848
Net Assets Included 2,197,266
Revenue Cash Flow
2018 $ 3,066,032 $ 814,848
2017 $ 2,357,994 $ 488,469
2016 $ 2,119,906 $ 403,900
Included Assets as of 12/31/2018
Inventory $ 560,728
FF and Equipment $ 136,538
Real Estate $ 1,500,000
Total Asset $ 2,197,266
Net Assets Included $ 2,197,266