Tool & Equipment Rental Business with Real Estate

Tool & Equipment Rental Business with Real Estate

Clark County, IN
Listing Number:
 IEB-104-29

Financial Information

Asking Price: Call
Real Estate: Owned
Gross Revenues: Call
Cash Flow: Call
 

Business Description

Tools, Equipment, Automatic Car Wash, Bounce Houses, Party Equipment and more

The Tool & Equipment Rental Industry is a $4 Billion industry with a 5% annual growth as a whole and staying strong for several years. 

This particular well-established franchised rental business is positioned to capture a bulk of the local market with its 20+ years experience and customer list. Both residential and commercial building is going strong in the Indiana market, north of Louisville, KY. They outshine their competitors. Many customers will even drive past a competitor to rent equipment from this particular business. Every single person is a potential client, literally. 

This business carries a significant inventory of tools & equipment to rent out on a daily basis including skid steers, mini-excavators, trenchers, stump grinders, trailers, tractors, and typical contractor and DIY tools like compactors, seeders, tillers, pumps, and the like. Approximately $1.4 million in tools and equipment when new. 

There is a 2 bay automatic car wash as part of the property and included in the sale. One bay is touch-free; the other is soft wash. 

The building and property are for sale with the business with high traffic exposure and room to expand. Location is key and the building has features a new buyer could benefit from even more. There are literally thousands of people that drive past this business daily. Anyone looking for equipment within 50-60 miles will contact this business to get pricing and availability as the business as a reputation as a great rental provider. 

It's clean and has an attractive appearance that will make any new owner proud to own it. Everything in the building and property has been well maintained. 

There is also approx 1200 sqft retail space that could be leased out (i.e. exercise facility, insurance office, ice cream, pizza, coffee, etc) or could be used for more rental space or another customer-drawing business by the same owner.

There is a lot more to this opportunity. Anyone with experience in the industry or desire to enter the industry will have the opportunity to see the full potential. Pricing will be discussed with qualified individuals or companies.

If you are in the tool & equipment rental industry now, or dream of owning your own business, contact us for more information. 

This business is expected to net $400K to $500K+ for an energetic buyer.

Seller may entertain a variety of purchase options so an exact price is TBD. It is assumed that a buyer with industry knowledge, either first-hand or learned, will have sufficient understanding to determine value to work for both parties. A buyer should have a significant cash base to qualify.

General Information

Facilities: Facility is owned by the business on a main road with high traffic count and easy to find off the interstate. Approx 7,000 square feet under roof and more outside storage areas. Has area for indoor storage and a mechanic shop for in-house equipment maintenance and repairs. Outside areas are prime for equipment and attracting customers with multiple signs and an attractive storefront.

Growth & Expansion: The possibilities are endless with this business. They have a large assortment of tools, equipment, and other items for most everyone to rent and enjoy. The business is easy to expand and grow. Details provided in our memorandum.

Employees: 5

Competition: This business benefits from having no competitors to speak of in the immediate area.

Support & Training: Owner will help transition the business to a new buyer to be successful going forward.

Reason Selling: Retirement

Contact Information


Contact:
 Scott Lands
Phone: 317-333-6655 x 104

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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