MergerPlace

Established Profitable Rental Business

Kansas (Johnson)


  • Asking Price: $845,000
  • Gross Income: $1,243,185
  • Cash Flow: $211,709
  • Real Estate: Not Disclosed
  • Inventory: $2,310
  • FF&E: $447,221
  • Listing ID: #208787
  • Established: 1965
  • Employees: 8 FT / 7 PT

Business Description

This rental company is one of Kansas City's finest and largest with 50+ years and an excellent reputation. The semi-absentee owner involvement in the day to day presents opportunities to improve efficiencies that will fall directly to the bottom line. Sales have increased steadily year after year 7% - 2017, 11% - 2016, 8% - 2015, 10% 2014.


Business Details

Primary Business Category: Rental & Leasing Services
Location: Kansas
County: Johnson

Company Information

Year Established: 1965
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 8 FT / 7 PT

Financial Information

Asking Price: $845,000
Gross Revenue: $1,243,185
Cash Flow: $211,709
FF&E: $447,221
Inventory: $2,310
Seller Financing Available: No

Property Information

Facilities:

Consumers feel very comfortable visiting this well-maintained, award-winning, upscale Johnson County location. Easy access to KC's highways is convenient for customers and efficient for staff when delivering products.

Growth & expansion opportunities:

The opportunity to increase the performance of this operation is obvious in having a full-time dedicated owner/operator. A new owner can improve operations by 1) promoting the business and networking with a very targeted audience and 2) reducing expenses to align with industry standards.

Competition:

A strong reputation has been established over many years. Generations rely on this establishment to provide quality products and services during very special, once in a lifetime events. Regular clients include some of Kansas City's largest, very well known companies and organizations. High profile individual clients also rely upon the business for special events.

Reason for selling:

The owner has been semi-absentee and would like to fully retire. On-site training and continued support will be included to ensure the success of a new owner.

Support & Training:

Will train for 4 weeks @ no cost Office hours are Monday through Friday 8 am to 5 pm. Organizational skills and attention to detail is needed. Communication and the ability to interact with consumers is critical. The operation requires a general understanding of business and staff management skills.

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Business Listed By:

Chris Kerth

Murphy Business Brokers