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Businesses For Sale > Business For Sale in Springfield, MO, Missouri (MO)

Seasonal 8-Month Niche Equipment Rental Business for sale in Springfield, MO, MO

Springfield, MO, Missouri (MO)

Asking Price: Gross: Cash Flow:
$ 549,000 $ 358,188 $ 193,343

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

Business Summary:
Highlights of Business• Business is well established and widely known in the area• Well-managed, easy to operate business, but extremely busy during the summer• Steadily growing cash flow• Business does not operate during 4 months in the winter• High repeat business – over 50% each year• Sales could be increased if additional rental units were purchased and made available to customers• This business requires no inventory• Seller will train• SBA financing available, which means lower down payment requirements and longer terms• Seller will sign a non-compete agreement• Fun, exciting business to operateHistory of BusinessThe company was started in 2003. Approximately 50% of sales are to repeat renters of the specialty equipment this company provides.Customers and Markets ServedThe company serves an area approximately 3 hours from its base.Products and Services OfferedRental of specialty equipment and provision of special services. This is a specialty niche business with services that are in constant demand regardless of the condition of the economy.MarketingCurrently, the business primarily relies on their reputation and word of mouth to promote their services, and have spent virtually nothing on advertising and marketing. Similarly, the company does not have a specific program of contacting all prior customers each year but knows they should have such a system in place. Reason for SellingSeller needs the proceeds from sale for a new business venture.

 

   
Year Business was Established: 2003
   
Number of Employees: 1 FT/22 PT  
   
Facilities / Terms of Lease: The company rents some storage space at a local self-storage business, and stores other items at their home.  
   
Potential Growth/Expansion: Adding more rental units available would increase sales, since most weeks during the season multiple customers have to be turned away. Additional personnel might also have to be added if sales were increased.  
   
Competition: The sellers believe their primary competition are two local companies, although each of those two competitors have a different focus than does this company, so the sellers say they rarely are in a position of having to compete against another company.  
   
Owner willing to finance: Seller will consider providing financing if required by SBA lender.  
   
Owner willing to train: The seller will provide 2 weeks of dedicated training, at no additional charge, and will provide that training during the operational season, regardless of when the business is purchased.  
   
Reason for selling: Seller needs the proceeds from sale for a new business venture.  
   
This business is Home Based.  
   
Seller Reference Number: 42014311
BusinessMart.com Listing Number: 238663
 

 

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For more info contact:

Jerry Myers, MBA, CBI

VR Business Sales
417 581-8887

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