Wendy Babcock, a partner with Murray’s Tool Rental in Columbus, OH, said their store is a little different. Not only is it a fifth-generation business, homeowners comprise 80 percent of its revenue. “We may not be an indicator of what’s going on in the commercial sector, but I think we have a good handle of the residential market,” she noted.
With that said, she explained that business has been relatively steady over the past three years. No spikes either up or down. “The only real items in our inventory that have seen some significant growth are floor sanders. Previously, they would be popular during winter months, but now they seem to be in demand year around. It could be an indication of a good housing market where homeowners are installing or revamping hardwood floors readying their homes for sale.”
“She mentioned the store’s lawn and garden rentals have been steady, as well, keeping them busy spring and fall. “We find some homeowners actually rent push mowers from us every week instead of owning one themselves,” said Babcock.
With rental sales even for the last couple years, this store owner sees the new administration having little if any impact on business. She doesn’t anticipate any dramatic change in the local economy in the near term, either.
Murray Tools started out as a service station in 1937, and began renting trailers and small tools in the middle ‘50s. Today it has six full-time employees, including Babcock’s brother and partner, Andy, and venerable technician Robert Luther who has been with them 30 years.
