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Building & ConstructionFor Sale

Tool and Heavy Equipment Rental - Riverside California

Riverside, California

About This Business

An established heavy equipment and tool rental company in the growing Riverside market, operating since 2017 from a single location with a fleet of approximately two hundred units. The company rents to homeowners, acreage owners and contractors on a daily and weekly basis, backed by an in-house service department that the surrounding competition does not offer. Rental is a model where the same asset is sold again and again, and this one has nine years of proven local demand behind it. Revenue is collected at the counter. Approximately ninety percent of customers pay in full at the time of rental, no single customer accounts for ten percent of revenue, and the base is split between homeowners and contractors rather than tied to a single construction cycle. The result is steady cash, minimal receivable risk and no concentration exposure. This is a business to grow, not one to fix. The owner has deliberately held the fleet at the level he can personally maintain, which leaves clear headroom for a buyer with the capacity to run a larger operation. A detailed Confidential Information Memorandum is available to qualified buyers upon execution of a Non-Disclosure Agreement.

Financial Details

Asking Price
$1,600,000
Cash Flow
$119,000
Gross Revenue
$489,000
EBITDA
N/A
Inventory
$1,000,000

Business Details

Established
2017
Employees
4
Real Estate
Own
Reason for Selling
Retirement
Financing
No
Training
No

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
13.4x
Price/Revenue
3.3x
DSCR
0.59
Cash on Cash ROI
-88.5%
Down Payment (SBA 10%)$160,000
Loan Amount$1,440,000
Monthly Payment$16,720/mo
Annual Debt Service$200,635
Owner Salary$60,000
Cash Flow After Debt + Salary$-141,635
Asking Price
$1,600,000
Cash Flow: $119,000

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