Profitable Computer Rental Hire & Leasing Company For Sale

Business description

" Owner will consider offers close to $ 850,000, will be sold"

* 22 year old business
* Extensive Corporate & Government Customer Base
* Average 3 Years Adjusted Net Profit in excess of $ 280,000
* Strong Brand Awareness
* Good Web Presence
* Servicing Australia Wide
* Repeated Clients

Founded in 1987, Microrentals has been hiring out Computers & Audio Visual equipments mainly to the corporate sector for the past 22 years. Microrentals is Australian Owned and rents customers a combination of computers, servers, laptops, data projectors, Plasma, LCD Screens, Shredders, Printers & Touch Screen kiosks. The Short term rentals can be often for special projects where organisations are going through training, sessions, testings, implementing software or special events and marketing Campaigns.

Sale of the business consists of :

* Trading Names
* Websites
* Phone Numbers and Domain Names
* Office Plant & equipments
* MYOB Account Systems
* 2 x Company Vehicles ( Toyota Van Hi-Ace is nearly New)
* Computers & Rental equipment at depreciated value of approximately $ 450,000.
* Goodwill
* Management Systems that are in place & 22 years worth of History

Microrentals is located in a very reputable business park which is only 15 KM from the Sydney's CBD and is among many other High-Tech Organisations with their head offices in lane cove or surrounding suburbs.

Microrentals has a very strong web presence among search engine such as Google, MSN, Yahoo etc. Current web presence for Google ranking is a top 3 ranking under the search :

* Rent Laptops
* Rent Desktops
* Rent Shredder
* Rent Laptop Sydney
* Rent Desktops Sydney
* Rent Plasma Sydney
* Rent Computers
* Rent Copier
* Rent Shredder
* Thousands of other keywords that are very important.

Top Rental Lines are as follows :

* Laptops
* Desktops
* Projectors
* LCD/Plasmas
* Shredders
* Servers
* Whiteboards

This business is a recession proof business and has been performing extremely well. Microrentals has a wide range of clients that includes corporate, government, mid to large size companies as well as small business and individuals. The benefits of this business is that corporate and the government clientle will much prefer to rent/ hire/lease IT equipment rather than buy in this recession time. That is why Microrentals will further flourish.

Property information

Real Estate:

Lease

Lease terms:

Property is owned by the owner of the business and can provide a new lease or business can be moved to any other location if needed. Rental of the property can be provided for $ 70,000 plus outgoings. Propery is also available for sale if required for $ 900,000 + GST.

Leasehold rent:

$70,000 per annum

Location:

This business is situated in a well respected Lane Cove business park in Sydney

Premises details:

Warehouse is downstairs and office is upstairs.

Other information

Expansion potential:

This business has a very strong expansion potential and offices can be opened in all other states to capture markets of Brisbane and Melbourne specially. Current owner is committed and have not looked into expansion of the business. New owner has lot of opportunities to grow this business in lot of different areas such as long term rental and hiring. This business can be easily Franchised if needed in future.

Competition / Market:

This business operates in a very Niche market and have a very few competitors. Company has a very strong brand awareness being one of the oldest company in the rental industry. There is no such threats to this business.

Support & training:

Training will be provided to the incoming owner. Existing owner will be happy to provide 4 weeks training if needed. All the Procedure are in place and incoming owner will learn very fast the day to day operation of the business.

Reasons for selling:

Existing owner is commited in other business and have not been able to spend enough time to grow this business. Owner will be relocating overseas for other business commitment. All offers will be considered at around $ 850,000. Business will be sold. If you have any other questions, feel free to contact owner.

Trading hours:

9 - 5.00 Monday to Friday Only

Financing available:

All the financials will be available upon request

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$450,000 (included in the asking price)

Website:

www.microrentals.com.au

Related documents:

• 
• Non Disclosure Agreement (NDA)