Party Equipment Rental Company

Not Disclosed, NJ

Well situated to service the NJ market.

Asking Price: Annual Revenue:
$2,500,000 $913,410

Services: Rentals - Party, Equipment

Request More Information
Contact the Seller

RE: Party Equipment Rental Company Broker: Susan Rosner

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $913,410
Net Profit: Not Disclosed
Cash Flow: $437,824
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 5
BBN Listing #: 855929987
Broker Reference #: 14631406

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

This 30+ year old innovative and profitable party equipment rental company is well situated to service the New Jersey market. Delivering quality services is its hallmark that promises consistent repeat business and referrals from households and businesses. The company rents tents and equipment to food service companies, public and private schools, large institutions, corporate offices, and caterers.

Inventory includes but is not limited to elegant furniture rentals, carnival style machines, entrance canopies, carpeting, stage and band platforms, and so much more. This extensive selection allows the company to meet the needs of different types of events and a large customer base. In addition, the company’s connections with outside vendors such as caterers, parking attendants and man-on-duty services makes this a one-stop-shop for the host.

Superior quality service is delivered thanks to a knowledgeable staff that is cross-trained to handle various aspects of the business when needed. The planning of parties and events requires attention to detail, and the experienced staff consistently provides their customers with exactly what they are looking for to make their special day a success.
This is an excellent opportunity for a strategic acquisition in a fragmented industry or for an owner operator who can take the business to the next level.

A qualified buyer will need $300,000 as a down payment on an SBA loan. A new owner would earn $216,198 after debt service assuming a sale price of $2.5M for both the building and the business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The 12,000 square feet building is owned by the sellers under a separate entity. The building has an additional tenant. FF&E Included in the sale.

Market Competition and Expansion:

Market Outlook/Competition: The event business is strong and will continue to thrive post COVID-19 when there will be a pent-up demand for events. The rental business continues to be robust as businesses look to rent equipment vs buy equipment for special events or promotions. Growth & Expansion: The owners have focused on building a solid foundation for growth in consumer and corporate events.

Reason for Selling:

Owners wish to retire.

Additional Details:

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

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!