General Info

  • Type: Business with Property
  • Price: $6,300,000

Contact Info

Business Summary

Opportunity

An opportunity exists to acquire this well-established Equipment Rental Company, this solid Business has high industry barriers to entry, and has operated successfully throughout South Central BC, for over 40 years.

This is an excellent opportunity to acquire a turn-key operation with existing staff and management in place, that has tremendous expansion potential and an owner that is willing to stay on for a reasonable period – to ensure a smooth transition.

The sale price of this Business includes; working capital, inventory and prime light industrial property which is owned by the Company and included in the sale.

Business Highlights

  • The Business deals with equipment rentals, concrete accessories sales, and hardware sales.
  • The rentals consist of a wide range of hand tools and medium size equipment, including mini excavators, rollers, man lifts and skid steers. From the do-it-yourself home project to the contractor and developer they have equipment to cover most needs.
  • Year after year, the business continues to perform strongly – with Revenues averaging $3,399,555 per annum, and a weighted adjusted EDITDA of $608,122.00.
  • Included in the purchase price is prime light industrial property, from which the business operates.

Price: $6,300,000 inclusive of working capital, inventory and property

Financial Summary

2016 2017 2018 2019 2020
Revenue $2,865,257 $3,197,650 $3,793,378 $3,818,260 $3,323,231
Gross Margin 42% 45% 35% 39% 40%
Weighted Normalized EBITDA $608,122
Business $2,936,595
Property $3,363,405

Nai Businesses Newsletter

Delon Cheung
Phone: (604) 691-6654
Cell: (604) 760-7367
Email: delon@naicommercial.ca

Damian Luke
Phone: (604) 691-6662
Cell: (236) 999-5909
Email: dluke@naicommercial.ca