Business For Sale

Business Overview:

For 40 years, this gem of a business has been a leading provider of party and event rental items to both large commercial accounts and retail customers. Gross margins and cash flow have increased in 2009 because of cost cutting measures that the owner has implemented. The one-stop-shopping motto applies to this healthy business because of the extensive inventory of rental items and retail party supplies that are available. Customers come to them due to word of mouth advertising, but several other methods are used to promote its services, including fliers, coupons, and the Yellow Pages, to name a few.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Several well maintained and centrally located facilities. Included in the Asking Price: Furniture, Fixtures & Equipment: $1,110,000 AND Inventory: $53,884. Support/Training: Owners will assist in transition to new owner. Owners will stay on beyond the transition period as a consultant. Terms to be negotiated.

Market Competition and Expansion:

Competition: Although there is competition in this industry, our client has endured for more than 40 years. They have developed an outstanding reputation along the way while watching smaller competitors close their doors. With key staff maintaining tenure of more than 20 years, their experience has proven to be a valuable asset to the business. Growth and Expansion: In December 2009, the owner implemented a new website with e-commerce capabilities. This website is guaranteed to expand the company's presence on the internet, allow customers to shop at home if they so choose, and increase product distribution to customers outside the geographic region in which this company normally conducts most of its business.

Reason for Selling:

Retiring.

Additional Details: