Seller's Contact Information
- RE: Growing, Event Rental Business
- Contact: Pat Steffl
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $686,818 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $216,075 | |
Total Debt: | Not Disclosed | |
FF&E: | 1,078,427 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 7 | |
BBN Listing #: | 20994955 | |
Broker Reference #: | 5101-17431 |
Business Overview:
The business provides rentals and set up in the metro area for weddings, graduations, corporate events and any other gathering. Tents, chairs, linens, tables, etc. are a big portion of the the requested rental items. Through October, 2022 revenue is on pace to surpass 2021 by almost 30%.
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Property Features and Assets:
The business operates from a leased commercial building with about 18,000 square feet. The majority of this space is for warehousing the inventory that is rented to customers, but does include office and display areas. Assets = $1,092,482
Market Competition and Expansion:
There is normal level of competition in the area for the company's products and services. The business is working on a number of new product and service offerings that could provide additional revenue. Additional advertising and expanding the range that the the company travels for its clients could be beneficial as well.
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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