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Multi-Branch Equipment Rental And Concrete Accessories Supplier For Sale

BC Interior, British Columbia
Asking Price:
Over $5M (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,000,000 (CAD)
Cash Flow:
$735,000 (CAD)

Located in BC’s southern interior with over 45+ years of operational excellence, this company specializes in equipment and tool rentals (45%) and supply sales (45%) for the construction industry. The head office location also has a concrete rebar supply and custom cut bend service. In addition, the branch office location also has a mini storage facility. With this unique business mix, customers can get many supplies from one stop. With specialty concrete repair, decorative, forming, hardware tools and equipment supplies and rental products, the business has a bigger demographic which brings a diverse customer base from many different industries.

80% of revenue comes from over 2,500+ active industrial clients including mills, mines, city works, general contractors and even wholesalers. 20% of revenue comes from concrete finishers, pool builders, plumbers, electricians, landscapers and many other trades.

This business offers new ownership looking for growth by acquisition access to new local markets, or very high net worth buyers seeking a solid, long standing proven investment opportunity with continued room for growth.

Asset Sale or Share Sale available ... real estate for both locations included at $2.750MM.

Property Information

Real Estate:

Real Property Included

Location:

Head office location
Branch office location

Premises Details:

1.5 acres

Size in square feet:
21,600 sq. ft. total - $2.750MM

Business Operation

Expansion Potential:

yes:-
* old fashioned business development … getting to more contractors working on larger sites,
* having larger equipment for larger projects,
* inside Sales emphasis program on cross selling … training and promotions,
* continue to expand product lines based upon customer demand,
* expand into satellite locations in surrounding cities.

Reasons for selling:

Shareholders cashing out - 2 already retired

Trading hours:

Days Open Close
M - Fri 6:00 AM 5:00 PM
Saturday 8:00 AM 4:00 PM
Sunday Closed

Employees:
12 FT plus 1 FT Shareholder (2 other retired silent Shareholders)
Years established:
1974 - 45+ years ... 13 years under current ownership

Other Information

Support & training:

Management team in place will stay ... active Shareholder will stay on up to 2 years on contract.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

up to 10% depending on the deal

Furniture / Fixtures value:
$3,025,000 (CAD) - included in the asking price
Inventory / Stock value:
$330,000 (CAD) - included in the asking price

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