Sunbelt Rentals: The Ownership and Opportunities

An international provider of equipment rentals, Sunbelt Rentals has operations in the US, Canada, and the UK. The organization hires out a wide range of tools, such as excavators, compressors, generators, and aerial lifts. In 2020, Sunbelt Rentals expects to generate $4.5 billion in revenue from its more than 900 facilities throughout the world. What about Sunbelt Rentals’ owner?

A division of the British corporation Ashtead Group, which rents out industrial equipment, is Sunbelt Rentals. In 1996, Sunbelt Rentals was purchased by Ashtead Group, which has retained ownership of the business ever since. A-Plant, another UK-based provider of equipment rentals, is owned by Ashtead Group. The Ashtead Group is a publicly traded company on the London Stock Exchange with a market valuation of approximately $30 billion as of 2020.

Even though a huge corporation owns Sunbelt Rentals, people can still profit from their own equipment. Since many people and businesses frequently need to use expensive equipment without having to buy it entirely, renting it out is a lucrative industry. Owners can generate a consistent income without worrying about upkeep costs or storage space by renting out their equipment.

One of the most often rented pieces of machinery, particularly in the construction sector, is an excavator. Owning an excavator might present a lucrative business opportunity given the rising demand for construction projects. However, it’s crucial to take into account the excavator’s up-front, ongoing, and storage costs as well as the level of rental market competition.

A little excavator might nonetheless offer a lucrative business opportunity for people who are thinking about making a lower investment. modest excavators are more cost-effective and useful for many different tasks, including gardening and modest building projects. Research the industry and make sure there is a need for the equipment in your area, as with any rental firm.

Overall, even though Sunbelt Rentals may be owned by Ashtead Group, there are still ways for people to profit from the equipment rental business. Owning equipment that can be rented out can be a reliable source of revenue, whether it be bigger pieces of equipment like excavators or smaller pieces of equipment like power tools.