Extremely Profitable Equipment Rental Company

Listing ID:
GUELPON001-N148

Confidential, Ontario, Canada

Commercial and Industrial Machinery and Equipment Rental and Leasing

Listing Status: Active

Sunbelt of Guelph, Kitchener, Waterloo, Brampton

Phone: (519) 821-8306
Fax: (519) 489-2755

The following broker is assigned to this listing:

Robert Mitchell

rob.mitchell@sunbeltcanada.com
Cell: (519) 820-9043

Description

It is exceptionally rare to find an equipment rental company like this for sale. This outstanding company has enjoyed continual growing revenue and profits and has averaged 24% year over year sales growth for the past 5 years and an 18% sales growth for the first 5 months of this year. The business has an advantageous location with limited competition and owns the land and buildings of the modern facility with newer buildings. There is ample room for grown to store additional equipment. They have excellent equipment that is constantly being updated and modernized and they enjoy exceptional repeat business year round. The business has loyal and skilled non-union employees. This is a great opportunity to own a very profitable, well run business and potentially grow through similar geographical locations throughout Ontario if one chooses to do so.

Financials

Asking Price:$6,700,000
Revenue:$4,000,000
Cash Flow:$1,400,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:N/A
Inventory Asking Price: N/A
Financing Available?No

Property

Asking Price:$0 (Included in Asking Price)
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2008
Year Acquired:2008
Full-Time Employees:10
Part-Time Employees:4
Reason For Sale:Retirement