Event Rental Firm With Real Estate, Tidewater Area
Not Disclosed, VA Not Disclosed
Tidewater Area
Request More Information Contact the Seller
- RE: Event Rental Firm With Real Estate, Tidewater Area
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $875,000 | |
| Annual Revenue: | $535,000 | |
| Net Profit: | $220,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $300,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 5 | |
| BBN Listing #: | 1005382 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This is a rare chance to acquire a well-known, full-service event rental company that has been a go-to provider in the Tidewater market for thirteen years. The business has grown from a small local operation into a trusted partner for weddings, non-profits, churches, small festivals, with many clients booking year after year. The company offers a deep inventory of tents, tables, seating, dance floors, lighting, and other event essentials.
Financially, the company benefits from a strong gross margin profile, a high level of repeat business, and a steady stream of booked events. There is no heavy dependence on a single customer or one-time project.
Growth opportunities are clear and actionable. The business has grown largely on the strength of its reputation, relationships, and word-of-mouth in the area. There is meaningful upside in adding a focused sales effort, modern digital marketing, tighter outreach to planners and venues, and selective expansion into nearby markets and higher-value event segments. An acquirer with sales discipline or a complementary event business can unlock more value from this business.
The owners are selling as part of a planned retirement and are committed to a smooth handover. They are open to a structured transition that helps the buyer retain key staff, protect customer relationships, and fully understand the company’s playbook.
Contact the Seller:
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Property Features and Assets:
The operating real estate is included in the transaction and is valued at $300,000. The property consists of a 3,000 square foot warehouse with a small office.
Market Competition and Expansion:
The $8.5 billion event rental industry provides temporary, cost-effective equipment like tents, tables, chairs, linens, and decor for events. Driven by weddings, corporate events, and celebrations, the market is expanding, with a CAGR of 11.2% expected through 2030.
Reason for Selling:
Owner wishes to retire. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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