Rental Business – Family Owned & Operated for over three decades.

TYPE OF BUSINESS: Rental Business – Family Owned & Operated. Serving the construction, excavation, concrete, lawn and garden, home, party and tent, and U-Haul truck rental industry for over three decades. Their inventory consists of a massive variety of boom lifts, track and wheel loaders, mini excavators, trenchers, dingos, towable air compressors, skid steer, trailers, tables, chairs, canopies, and generators, to name a few. The company has a large market share and a long-established reputation, which results in many repeat customers year after year.

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 property is available for sale as well for $500,000. This business 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: 2023-$406,500; 2022-$420,100. Cash flow for 2023 was approximately $131,000.

SALES PRICE: This is an asset sale. The seller is asking $1,395,000 for the business, which includes $1,000,000 (fair market value) in equipment and buildings and property valued at $500,000. The sales price does not include an inventory of $20,000

 REASON FOR SALE: Retirement.

 

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About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to identify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 30 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 32 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Contact the listing agent to learn more.