RoadRentals - Invercargill

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 $535,000

Call Greig - 027 726 3631.

For further information regarding this sale, please complete our online confidentiality agreement.
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Agency reference #: 34962