SW Florida Equipment & Event Rental Business

Confidential Way, Charlotte County, FL 55555
Business Opportunity for Sale
Catylist Listing ID: 29984836
Property Subtypes: Building and Construction Services, Machinery
Building Size (RSF): 7,250 SF
Gross Land Area: 1.47 Acres
Sale Price: $1,100,000
Year Business Established: 1985
Gross Revenue: $741,969 (Annual)
Cash Flow: $284,173 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Seller Financing with 30% down.
Last Updated: 8/19/2017

Overview / Comments

This well established SW Florida Equipment & Event Rental business has been a fixture in the community since 1985 and is the go to rental center in the area. They do all of the major festivals in the area and have an excellent reputation for customer service and reliability.
The business does about 40% sales in equipment rental, 40% sales in event rental and 20% in sales & service repair.
They are a Stihl & Honda Generator dealer.
The replacement cost of the rental inventory is $1,638,000 and is included in the asking price.
Real Estate is being offered in addition to the business sale.
Owner will seller finance with 30% down to a well qualified buyer.

• Well Established with over 30 years in the community.
• Stihl & Honda Generator dealer.
• Excellent reputation for customer service & reliability.
• Includes rental inventory with replacement cost of $1,638,000.
• Real Estate is being offered in addition to the Business Sale.
• 7250 SF of enclosed space on 1.47 acres.
• Wash pad with grease trap.
• Area to hang up tents to dry.
• Fuel Station with fire barrier.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Charlotte
Industry Segment: Other Services
Reason for Selling: Owner ready to move on.
Value of Inventory Included ($): $25,000
Value of Furniture, Fixtures, and Equipment ($): $1,600,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: Seller owns real estate and will lease to buyer. The owner will also sell real estate at fair market value.
Growth/Expansion Opportunities: This business does large events. There is the opportunity for growth with smaller venues or to bring a wedding planner aboard.
Seller Financing Description: Seller Financing with 30% down.


Contact

Photograph of Listing Agent

James Quinn

KELLER WILLIAMS PEACE RIVER PA
MFCRE Member
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