Rental Business - Tools And Party Essentials

Location: Canada -> Ontario -> Mississauga
Industry: Business Services > Equipment Rental and Leasing

Business for Sale in Mississauga, Ontario, Canada. Long Established in the South-West area of Mississauga. The business needs a new operator to continue serving the home owners and contractors in the area who need to rent tools to do various construction, renovation and landscaping work. The business also rents out essentials for parties, such as tables, chairs, tableware and other items, to home owners and caterers. The current business owner wants to retire and is looking to pass on the business to someone else who is able to serve the existing clientele and is able to assume the large inventory of tools and other material costing in the order of $180,000. Business is listed for sale for $168,000.

The business is located in leased premises in a commercial plaza at a major intersection, with plenty of parking. Lease expires in 3 years and there is an option to renew for another 5.

Information about sales volume, profitability, year started, value of inventory in cluded in price, is verbal from the owner, and is all subject to verification. Contact for more information on this Tools And Party Essentials Rental business for sale.

Financials

Asking Price Range: < $250K
Gross Revenues: $150,000
Cash Flow: $60,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $170,000
Seller Financing: No

About The Business

Year Established: 1984
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Management Training and Support: Owner will provide for the transition.
Reason For Selling: Retirement.