Well Established Upscale Event Rentals. Profitable

Doral, FL
Miami Dade County

Heart of Doral Business District


Asking Price: Annual Revenue:
$2,500,000 $2,000,000

Services: Rentals - Party, Equipment


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RE: Well Established Upscale Event Rentals. Profitable Broker: Seller of Business
Owner Financing is Available!
$500,000.00 Owner Financing. Interest 5% for 36 months. Monthly Payments, Aprox. 15k.

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $2,000,000
Net Profit: $354,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $2,500,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 30
BBN Listing #: 238962245
Broker Reference #: Not Disclosed

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Business Overview:

Well established upscale event rental business servicing from The Keys to Orlando-Tampa. Clients are high scale designers, production companies, event planners and hotels. Great reviews in social media. New business comes from referrals and networking. Great potential to diversify in the entertainment industry. Excellent management and production staff. Excellent for national companies to expand or for local business to grow and upscale.

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Property Features and Assets:

20,000 Sqft of warehouse and showroom. Contract expires in 2023. Access to main expressways: Palmetto, Turnpike & 836. Brand new fleet of vehicles and a great collection of inventory all in great shape. A well structured business with loyal and hardworking staff.

Market Competition and Expansion:

One of the top ten event rental companies in South Florida. Loyal customers with great reviews on the web and among the hospitality industry. Business has a large potential of add more mix to the product and open new branches in other cities. Great for Franchising!

Reason for Selling:

Moving

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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