Asking Price: $500,000

Gross Revenue: $523,137

Cash Flow: $157,000

Inventory: $142,580 (Not Included in Asking Price)

FF&E: $292,918 (Included in Asking Price)

This is primarily a tools and equipment rental business, primarily catering to the homeowner and small contractor, that also sells both new and used equipment in addition to offering 12,600 square feet of individual rental "mini/self storage" units (72 units)in two adjacent standalone buildings. It is located in a busy commercial area on highly traveled roadways giving excellent visibility to customers. The rental business has been "grandfathered" in and no like businesses are allowed in the city. Additionally the owner's tool and equipment rental business from a nearby city has just been relocated to this location and any resulting business activity is not reflected in the 2007 numbers. The seller has been and is, involved in a separate business and has been/is unable to give this business the attention it warrants.

Year Established: 1977

Employees: 3 full time - 1 part time

Facilities: Real Estate is not included in the asking price. There are three separate buildings used by the business and owned by the Seller. The main building is 8,000 square feet and consists of office, showroom and warehouse. There are two buildings totaling 12,600 square feet used for the self storage part of the business. They are the typical "mini-storage" or self-storage buildings most are familiar with. There are 72 storage units, 43 of which are 10' x 20', 20 units 5' x 10' and 9 units 10' x 10'. Each has a separate door of course. 20 of the units are currently used by the Seller for storage of material from a separate business (at no cost). A survey of local storage facilities indicates there are occupancy rates of 85% to 100% so there is significant unrealized revenue due to the owner using 20 units for his own purposes. They are available for sale independent of this transaction.

Market Outlook and Competition: This business is "grandfathered" in and no other equipment rental businesses are allowed in the city.

Management Training and Support: Seller will provide training as required. He is not active in the day to day operations and leaves that to the location manager.

Reason For Selling: Seller has a second major business that is taking more and more of his time.