Excellent business opportunity for an entrepreneur ready to assume the CEO position of a leading & profitable equipment rental company located in the Chicago Suburbs.
Listing Price $2,250,000
Broker: Jim Peddle
This Listing is for a leading event equipment rental company serving corporate customers. Located in an affluent suburb of Chicago, the Company is well known for its large inventory of specialty furniture, equipment, and linens to rent for weddings and other corporate events.
Why You Should Be Interested:
Well established business and customer base
Strong commercial focus over 66% in 2016
Large rental equipment inventory located in onsite warehouse
Facts About this Listing:
Revenues $1.8 mm in 2016
Projected Revenues of $2mm in 2017
Cash flow/SDE $410,869
Employees – 13 +
Facility – Owned by Sellers
The rental business provides its clients with a wide variety of rental products such as sound and lighting equipment, furniture, linens, catering supplies, and much more. Utilizing a direct to customer sales model through its retail showroom along with niche targeted, trade focused advertising vehicles the Company continues to grow its customer base by constantly striving to include new products for rent and expand its services offered.
The Company rents to customers all over the state of Illinois as well as renting linens to clients located other states. Its primary customer base includes corporate event planners, businesses, and individuals. The market for rental equipment has been steadily growing and the Company is situated in an area poised for economic growth.
The Company has an experienced sales team that is intimately familiar with all products offered and a new owner could easily increase revenues by adding to the sales team, increasing the sales territory, and adding new rental products.
The seller is willing to negotiate a short lease agreement with the buyer upon the sale of the business.
Interested buyers will execute and NDA and complete a buyer profile for the listing prior to the release of the name of the company. Please call Jim Peddle at 312-525-9622 or email email@example.com
Profitable & established Event Equipment Rental Company
Provides a wide variety of rental equipment
Delivery, setup, and consultation services available
B2B & large returning customer base
Large market for rentals
Seller Financing Offered to Qualified Buyers
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Playbook Corporate Advisory, Inc. Business Broker – Jim Peddle