Rental Business For Sale / #4375

Business Opportunity for Sale
Catylist Listing ID: 30389716
Property Subtypes: Business Services, Retail Stores
Building Size (RSF): 7,490 SF
Sale Price: $824,000
Year Business Established: 1984
Gross Revenue: $414,000 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: EBITDA
Sale Terms: Cash
Last Updated: 1/17/2020

Overview / Comments

Business valued at $299,000 / Real Estate valued at $525,000

One and only Wedding and Party/Equipment Rental Business For Sale in Henderson, KY. The original building houses the rental of tools and large items such as backhoes and bobcats and the repair of equipment. It has 4 OH doors, 2 of which are Drive-Thru. There is a concrete pit for the water and mud separator for cleaning the machinery. Newer building in front was constructed for the wedding and party rental location. Tables, chairs, decorations, linens, and more are available. This 2-story space consists of an office, bathroom and merchandise displays on main floor and top floor for storage. Business was purchased in 2003 and in 2014, improvements worth $100,000 were made to the property.

Call Listing Broker for more details. An appointment must be made for showings, and listing broker must be present during showings.

Financials available with signed CA.

Additional Details

Nearest MSA: Evansville
County: Henderson
Industry Segment: Equipment Rental and Leasing
Reason for Selling: Seller moving out of state.
Value of Inventory Included ($): $300,000
Value of Furniture, Fixtures, and Equipment ($): $100,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $660,000
Employee/Labor Description: 4 Employees
Mgmt/Training Support Description: 30 days

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,207 24,724 34,280
Median Age: 41.61 39.26 39.7
Households: 2,270 10,445 14,227
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