RoadRentals - Invercargill

$520,000
Buy
Condition: New
Type: Buy
Payment: Cash, Bank Deposit, Others
Location: Nationwide
Posted On: 28 Mar 2025, 10:28 AM
Category: Business for Sale
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The current owner has upheld this family-operated enterprise in a managerial role over recent years but has now opted to move on, offering the business for sale. On offer is a two-in-one opportunity, with RoadRentals and the complimentary Event Bus, presenting various growth avenues for an incoming owner to develop. This business stands as a well-established small transport/rental business, priding itself on offering a diverse range of vehicle hire and charter packages at highly competitive rates. Despite the substantial impact of COVID on the industry, there has been a notable rebound as evidenced in the financials. With minimal expenditure on advertising, there lies a lucrative opportunity for a new owner to expand the business beyond its existing customer base. While the current operational base will not be available to the incoming owner, securing suitable premises with a cost-effective lease is anticipated to be relatively straightforward. A sale and purchase agreement can allow for a clause to ensure a site is secured for buyer confidence. Highlights: - Solid repeat customer base. - Well-maintained fleet. - High tangible asset value apportioned to the asking price. - Current owner in a managerial role. There is considerable potential for a motivated buyer to seize this platform and propel the business to greater heights as there is currently minimal promotion of the business. Price $520,000. Call Greig - 027 726 3631. For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=34962
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