Equipment Rental, Inc., a Breaux, Tennessee, company, rents and sells heavy equipment, including backhoes, duster, excavators, and trenchers. They also rent small equipment for home and construction such as augers, augers, and chains saws.
ER has been granted authorization to distribute Hancor Pipes and Stone Equipment. Ramrod Equipment and Komatsu Forklifts are the exclusive South Tennessee distributors.
ER is a top-notch management company with extensive industry knowledge, extensive research experience and unique administrative skills. Its management team includes Mr. David James (CEO) and Mrs. Sally James. The President/CEO of the company, David James, has lived in Denton Parish six years and has worked in all parts of Texas, Mississippi, Alabama and Georgia. He also has a large list of potential customers and vendors.
The company will employ two locals in various positions within the shop. ER will contribute to the development of the region by employing local people. The funds would stay in the community, thereby contributing to the overall economy and the development of the entire area. Customers who are loyal help the company expand its business area through word-of-mouth advertising and a lot of ER’s business cards.
The company’s strategy includes adding to its ever-growing product line. This currently includes Echo and Interstate Batteries homeowner equipment, as well as commercial equipment from Ramrod and Compact S/I Technology and Komatsu industrial equipment.
The company is in need of a loan/credit to grow its business. Expansion plans include the purchase or construction of additional land/service areas, increasing rental inventory, purchasing a delivery vehicle, and hiring additional personnel such as a mechanic and driver. Proposed revenues for year 1 through 3 are $210,000; $420,000; and $840,000 respectively.
1.1 Mission
ER’8217 is a full-service equipment sales and rental company. They also have the ability to serve the surrounding parishes of Memphis and Knoxville as well as Garland, Irvine and Riverside. Therefore the company’s strategy is to create a limited geographical niche for itself where there are no potential competitors.
ER’’s vision of expanding its service is to reach new areas. As the company’s presence is recognized in more areas, its coverage area keeps growing.
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