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Established Equipment Hire Business Waikato For Sale

Huntly, Waikato, New Zealand
Asking Price:
$250K - $500K (NZD)
Sales Revenue:
$250K - $500K (NZD)
Cash Flow:
On request

Are you looking for a solid investment opportunity in the heart of Waikato? This well-established equipment hire business offers a strong asset base of over $456,000 and has built a loyal customer base over the years. This business is not just a name; it's a thriving venture with plenty of growth potential.

The equipment hire industry is always in demand, and this business is no exception. Located in North Waikato, it has easy access to various clients and projects. The asking price is set at $500,000, but open to genuine offers.

If you're interested in stepping into a reliable business with room for expansion, now is the time to act. Don’t miss out on this opportunity to own a successful equipment hire service. Contact us today to learn more and explore how this venture can be yours.

The sale includes an independently valued equipment fleet worth $456,600, established operating systems, recognised branding and a loyal customer base. The business operates from a prominent Huntly location, with the option to lease or purchase the premises. It is currently run with one full-time and one part-time employee, making it easy to manage. Full handover and training will be provided to ensure a smooth transition.

Property Information

Real Estate:

Lease

Lease Terms:

The business currently operates from owner-occupied premises. A new lease will be negotiated with the purchaser, with indicative annual rent of approximately $30,000 , although terms and rent are negotiable. The property owner is open to working with the successful purchaser to establish mutually agreeable lease terms. There is also potential to purchase the property by separate negotiation.
There is also the opportunity to purchase the land and buildings together with the business by separate negotiation, providing buyers with the option to own both the business and the property.

Lease Rent:
$30,000 (NZD) per sq ft per annum
Location:

Huntly, Waikato

Size in square feet:
15,328 sq ft (Land Area)

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Huntly Hire & Service Centre has significant potential for growth under an owner with the time and drive to expand the business. Opportunities include:

Increase marketing through social media, Google, and local advertising to grow the existing customer base.
Expand the hire fleet by adding high-demand equipment as customer demand grows.
Develop stronger relationships with local builders, contractors, landscapers, farmers, and industrial businesses throughout the Waikato.
Increase cross-hire partnerships to offer a wider range of equipment without major capital investment.
Expand servicing and repair work, including small engine servicing and maintenance.
Extend the delivery service into surrounding towns to capture a larger market
Extend opening hours to 7 days a week instead of 6

Competition / Market:

We are the only plant and equipment hire centre in the town. There are other trailer hire places like Mobil, Z and one independent that does trailers.

Reasons for selling:

After careful consideration, we have decided to pursue new opportunities. Huntly Hire & Service Centre has been a rewarding family business, and the decision to sell has not been made lightly. The business is well established with a loyal customer base, quality equipment, and strong foundations, making it an excellent opportunity for a new owner to take it to the next level.

Trading hours:

mon - fri 7am - 5pm
sat 8am - 1pm

Employees:
2
Years established:
1989

Other Information

Support & training:

Comprehensive handover and training will be provided to ensure a smooth transition. This includes training on the hire management system, day-to-day operations, equipment procedures, supplier relationships, and customer processes. Ongoing phone and email support will also be available for an agreed period following settlement to give the new owner confidence as they take over the business.

Website:
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Relocatable:
This business can be relocated