Financial Information
Asking Price: $455,000
Annual Sales: $719,955
Seller's Discretionary Earnings: $197,955
Furniture, Fixtures & Equipment: $1,042,171 included
Inventory: $141,972 included
Building and Property: $200,000 available in addition to business Asking Price
Additional Key Information
Location: Pittsburgh Area
Year Established: 1959
Reason for Selling: Retirement.
Business Summary
If you had a million dollars to spend to start up a new business and attempt to offer the same services and the same products, you could not come anywhere near being able to duplicate that which is being provided by this business. This complete equipment rental store with the reputation for having available to rent “almost everything” has been in existence for over sixty years. At the present location since 1964, this family owned business is one of the largest in the region. Specializing in equipment rental from the smallest hand tools to larger pieces of equipment used in excavation, this business is the area’s rental headquarters for both commercial contractors and home improvement enthusiasts. The business is also the complete home for party and event equipment rentals. From decorative arches to concession equipment to tents, tables, chairs and audio and visual apparatus the business can meet almost every need relative to hosting events and presentations. A complete line of top brand name equipment products and parts are also available for retail purchase. Equipment repair, delivery, and saw and tool sharpening services are also accessible. All product and equipment is displayed and accounted for through a complex point of rental system and attractive user friendly web site. You don’t have to worry about having to come up with a million plus dollars and wait for years to start generating profit. You can purchase this business for a fraction of that cost and start making money immediately.
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