Property summary
This exceptional opportunity presents the acquisition of a well-established equipment rental and repair business located in Redwood City, California. Operating since 1987, this business boasts a loyal customer base spanning homeowners, independent contractors, landscapers, and large-scale construction firms throughout the Mid-Peninsula. The business occupies a 3,300 square foot facility on D Street, Redwood City, CA 94063, in San Mateo County. The asking price is $1,800,000. The property operates under a modified lease agreement with a single tenant occupancy and a remaining term of 16 years, ensuring long-term stability. Currently operating at 100% occupancy, this business offers a turnkey solution for an investor seeking a profitable and established enterprise. The business's extensive inventory of rental equipment and repair services caters to a diverse clientele, providing a consistent revenue stream. The sale includes the business only
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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