Contractor Equipment Rental & Sales Company KS2856-JC: Asking $6,000,000
Established by its original owner over 50 years ago, this company has served the Oklahoma market since that time. Upon being acquired by its current owner, the Company began focusing on equipment rental and experienced approximately 30% growth in the first several years after the ownership change. The owner has a management team in place and currently works 5-10 hours a week.
The Company’s customer base is 85-90% commercial customers and smaller contractors, with a healthy revenue mix between sales and rentals.
With a business track record of over 50 years and a stellar reputation for rentals and sales, the Company also brings a consistent record of revenue growth and adjusted earnings in excess of $1 million in 2018 and 2019 and project the same through 2020.
The Company currently has no outside sales representatives. All sales are done at the Company’s location based on existing marketing, referrals, and repeat customers
The Company has a niche within the Oklahoma market by focusing on smaller, local contractors including electrical, plumbing, concrete and landscaping which could be replicated in other markets The Company currently does very little business in oil patch.
The real estate may be purchased or leased from the current owner.
