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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

Business Listing Details

LISTING#:
41180516

H1700: Rental Services
Great investment! Leasing $187K cash flow
LOCATION: Central Texas
  
ASKING
PRICE

$600,000
AMOUNT
DOWN

$600,000
REVENUES:
  
$587,342
DISCRETIONARY
EARNINGS

$187,452
TOTAL
ASSETS

$600,000
 This leasing business can provide a return of 18% ($108,348) as a passive investment or a cash flow of $187K for a full time working owner.   The business has a great location, new facility and equipment and consistently has 90%+ occupancy with no advertising.   The busy location is among a nice blend of vibrant businesses, professional offices and residential communities. The business has a fixed rate 10 year lease thru May of 2017 and also includes two fixed rate 5 year options.  
 
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.