Tow Hitch & Truck Rental Business & RE for Sale

NW Suburbs of IL

Listing ID: 1106

Chicago, Illinois 

Description

Seller's Comments and Description:

The current owners started the business and acquired the property 33 years ago. They have been in business a long time and have established a reputation for providing low cost & dependable rental trucks & trailers with no hidden costs and after hour drop offs for convenience. Insurance is included in all rentals and their rates remain the same 7 days per week, unlike some of their competitors who charge more on weekends when most people tend to rent. They also repair trailer towing lights & sell/rent bicycle racks. They have 7 different size trucks with loading ramps & automatic transmissions.

Note: The current owners prefer to sell the business & property together.

Asking Price/Business & Real Estate: $1,615,000 plus inventory
Gross Annual Sales (approximately): $532,313.00 (2016)
Cash Flow (approximately): $213,238.00 (2016)
Value of Trucks, Trailers & Equipment (approximately): $125,000.00
Value of Inventory (approximately): $17,000.00
Value of Real Estate (approximately): $1,320,000.00
Building, Property details (approximately): The annual real estate taxes are +/- $44,000. The lot size is +/- 1.525 acres. The building is +/- 2,700 SF. It’s a 1-story commercial building with plenty of parking. The building is located on a VERY busy street in the Northwest Suburbs of Illinois with more than 50,000 cars driving past the front door each day!
Seller Financing: Owners will consider a small amount of financing with qualified & experienced buyer/operators.

Contact: Tony, info@ababusinessbrokers.com, Advantage Business Acquisitions, Inc. 847-722-1877


Images

Listing Began: Oct 25, 2017, 10:40 pm
Number of Times Viewed: 370

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