Equipment First
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Equipment First · Business Valuation

Know your number.

1. Which industry best describes the business?
2. What kind of rental fleet?
3. What is annual revenue (last 12 months)?
4. What is adjusted annual EBITDA?

Reported EBITDA plus documented add-backs (owner pay above market, one-time costs). Leave blank if unknown and pick a margin instead.

An estimate based on margin is less precise.

5. How much revenue is recurring or contracted?

Service / maintenance agreements, MSAs, rental contracts, multi-year supply or logistics agreements. Not one-time project backlog.

6. How has revenue trended over the last 2–3 years?
7. Could the business run without the owner after a sale?

Covers key customer relationships, licenses, estimating and day-to-day management.

Business fundamentals

8. Average fleet age (weighted by original cost)?
9. Annual time utilization of the fleet?
10. Rental system and telematics data by asset?

Disclaimer: This estimator provides a general, indicative range for informational purposes only. It is not an appraisal, fairness opinion or offer to buy, and it is not financial, legal, tax or investment advice. Results depend entirely on the information you enter and on general market assumptions that may not reflect your business or current conditions. Actual value depends on due diligence, financial review, deal structure and buyer demand, and may differ materially from this estimate. Figures shown are enterprise value before debt, working capital, taxes and transaction costs — not proceeds to the owner. Equipment First and any of their affiliates makes no warranty as to the accuracy of any estimate and accepts no liability for decisions made in reliance on it. Consult qualified advisors before making any decision. Information you enter is transmitted securely to calculate your estimate and is not saved by this estimator.