Sunbelt Guelph, Kitchener, Waterloo, Brampton
Contact: Robert MitchellOffice Phone: 519-821-8306 Mobile Phone: (519) 820-9043
Listing ID: GUELPON001-N148
Extremely Profitable Equipment Rental Company
Financial Information
- Asking Price: CAD $6,700,000
- Gross Revenue: CAD $4,000,000
- Cash Flow: CAD $1,400,000
- Down Payment: 0
- FF&E (Not Included): N/A
- Inventory: N/A
- Financing: No
Business Location
- Confidential
- Ontario
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.
Reason For Sale
Retirement- Home Based: No
- Year Established: 2008
- Franchise: No
- Year Acquired: 2008
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: No
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $1,200,000
- Days Open: 5 days/wk
- Hours Open: M-F 7am-5:30pm
- Fulltime Employees: 10
- Part time Employees: 4
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A