Recreational Rentals Business
Phoenix, AZ
Industrial for Sale - $419,950 - 1,200 Sq. Ft.
Property Info
CIMLS# | 893441 |
Location Recreational Rentals Business Phoenix AZ 85018 | |
Updated | July 23rd, 2016 |
Type | Industrial |
Price | $419,950 |
Building | 1,200 Sq. Ft. |
Property Description
Well established Recreational Rentals business in Phoenix serving National & International Clients. Act now to take advantage of the Very Busy Summer bookings happening now. Several new profit centers could be added to business - Big Upside Potential. The Seller has many proven ideas to pass along to a new buyer, he just doesn't have the energy to grow the business anymore.
Location Description:
The business comfortably operates out of 1,200sf of space on a +/- 35,000SF lot. A new lease was signed in April 2016 with rent remaining at $1,500/mo. Plenty of room to expand business by adding additional recreational rental items. There are few competitors in this marketplace, however this business competes against National Rental Co's and wins with customer service, fair pricing and amenities offered.
Highlights:
>> Well established Recreational Rentals business in Phoenix serving National Customers & International Clients
>> Act now to take advantage of the Very Busy Summer bookings happening now
>> Several new profit centers could be added to business - Big Upside Potential
>> All vehicles and non-motorized are held on consignment with the business from the Title owners so they receive income and a place to store their property
>> Owner may be willing to Finance Business Sale with 50% down and short term
>> 2015 Gross sales of $574,000 - Seller asking for 1.5 times cash flow
>> VERY clean Profit & Loss Statement and Balance Sheet
Financials
Sales Info:
>> Commision split: 50.0%