Grand True Value Rental in Three Rivers, MI has been family-owned and operated since June of 1994. Their crew has been with them for so many years they are treated like family. After 30 years in the rental business, they are well known in the area and have become the go to rental and party store for all the small contractors and do-it-yourself customers.
From lawn tools to construction equipment, party supplies to propane, customers trust this store to meet all rental needs. They are also a convenient local source for UPS shipments and propane refills as well as propane sales, with easy access for pick-ups and drop-offs of rental equipment.
Customers can find everything they need here. The huge inventory of well-maintained equipment is always expanding, and the friendly and helpful staff is eager to help customers find what they are looking for. They are also the local dealership for Penske rentals.
The building is 6,000 square feet with overhead door for ease of equipment handling. Also has a dish washer and equipment cleaning area. The property is about 1.4 acres. Has two storage trailers and a small outbuilding for equipment storage. It has a circular driveway for ease of propane exchange for motor homes. The property is equipped with an indoor alarm system, cameras and outdoor lights for added security and is fenced.
- Asking Price:
- $625,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $602,731
- Cash Flow:
- $244,358
Property Information
- Location:
-
Business is located in a town of about 8,000 with a trade area population of about 18,000. It is located in a busy highway and is in a great location.
Business Operation
- Expansion Potential:
-
The growth over the past three years has been very good. To keep growing they can add additional equipment to their inventory of items for rent.
- Competition / Market:
-
In the market area for this rental store, it does not have any competition. This location does both equipment for small contractors and consumers plus it also has a large amount of Party Rental equipment that serves this community.
- Reasons for selling:
-
Retirement
- Employees:
- 13
- Years established:
- 30
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
The business has a capable Manager that will stay.
- Furniture / Fixtures value:
- $540,000 - included in the asking price
- Inventory / Stock value:
- $20,058 - included in the asking price
