TYPE OF BUSINESS: Rental Business – Established over 30 years ago, it is proudly serving the Twin Cities metro area and specializing in construction, excavation, concrete, lawn and garden, home, party and tent, and U-Haul truck rental industry. Inventory consists of a wide variety of boom lifts, mini excavator, trenchers, dingos, towable air compressors, skid steer, trailers, tables, chairs, canopies, generators, and more to cater to various industries and individual needs. The company’s longevity in the industry reflects its commitment to meeting the diverse needs of its clients with professionalism and expertise. With over 30 years in the business, they have earned the trust of countless customers and partners.
FACILITY: The business operates from a 4,200-square-foot facility for maintenance, office, retail, and storage, with a large shop for indoor storage. This facility is available for lease at a discounted rate of $2,900 per month for the first year and for sale for $500,000. It is located 30 minutes east of the Twin Cities.
EMPLOYEES: This is an owner-operator business with four part-time employees and one full-time employee. The owner oversees the company and works with sales and estimating.
GROSS SALES: 2024 Sales, $337,464; 2023 Sales, $367,531; 2022 Sales $406,413. Weighted Cash Flow approx. $132,185
SALES PRICE: This is an asset sale. The seller is asking for $795,000 for equipment, furniture, and fixtures, which includes $900,000 (fair market value) in equipment. The sales price does not include an inventory of $20,000.
REASON FOR SALE: Retirement.
