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| You have accessed this listing information from the VR National database through: | The participating listing VR Business Broker Office is: |
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VR Business Brokers - Austin, TX 8310 Capital of Texas Hwy N Building 1, Suite 185 Austin, TX 78731 (512) 340-0181 www.vrnorthaustin.com GaryZ@vrtexascapital.com |
VR Business Brokers - Austin, TX 8310 Capital of Texas Hwy N Building 1, Suite 185 Austin, TX 78731 (512) 340-0181 www.vrnorthaustin.com GaryZ@vrtexascapital.com |
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Business Listing Details |
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LISTING#: |
H1710: Rental Services Growing equipment rental w. $700k in cash flow – o |
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LOCATION: Central Texas |
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ASKING PRICE $3,900,000 |
AMOUNT DOWN $3,900,000 |
REVENUES: $1,139,000 |
DISCRETIONARY EARNINGS $691,193 |
TOTAL ASSETS $1,200,000 |
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| Executive Summary:This is a chance to partner with one of the best in the business. This company has grown 36% year on year under the guidance of the existing owner and that growth rate is likely to continue in 2010. The business has become too large for the existing owner to manage by himself and the anticipated deal would bring a new owner with a strong systems and finance background to run the back office and allow the existing owner to concentrate on sales. Competition/ Market Outlook:This business has exhibited strong growth despite the economic downturn. With an economic recovery looking imminent the outlook for continued growth is positive. While there is competition in the market place, the performance over the last two years suggests that it is unlikely to be an issue. Growth and Expansion:Located in a high growth region of Central Texas attracting major industries to the area; it has exhibited strong growth since its inception. Reason for Sale:The existing owner is an excellent sales manager. However, the business has reached a size that requires a new owner and/ or partner with a complementary skill set in systems and finance to continue growing at the present rate. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |