Profitable Party and Tent Rental Business

Not Disclosed, PA
Philadelphia County

Philadelphia Area

Asking Price: Annual Revenue:
$1,000,000 $1,317,094

Services: Rentals - Party, Equipment

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RE: Profitable Party and Tent Rental Business Broker: Susan Rosner

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,317,094
Net Profit: Not Disclosed
Cash Flow: $312,679
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 9
BBN Listing #: 870529987
Broker Reference #: 14631384

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Business Overview:

Owner is Retiring!
Great opportunity to take this business to the next level.

This $1.31M business specializes in providing party equipment rentals combined with a division that offers a full catalog of event venue services. The business is located in the suburbs of Philadelphia but has the potential to grow into greater Metropolitan areas. Inventory includes but is not limited to elegant furniture rentals, novel entertainment and game rentals, décor pieces, impressive tents, cooking equipment, etc. 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 division of event venue services offers several stunning outdoor locations to host events suited to customers’ specific desires.

This well-established company has built its success and reputation on its ability to deliver quality rental services and products that promises ongoing repeat business and referrals from both households and businesses. Superior quality service is delivered thanks to a knowledgeable staff, who are 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.

The company also works with a sizable and versatile list of coordinating vendors, thus allowing the company to meet an ever-expanding network of potential opportunities. By working with different vendors and venues, the company has developed a recurring revenue business model with high growth potential.

For a qualified buyer, this business may be funded with an SBA loan for as little as 10% down plus fees.

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 company owns two buildings on-site at 7,500 square feet and 5,000 square feet. Owners are willing to sell or rent the property.

Market Competition and Expansion:

Competition:Competition exists but the company has a competitive edge in their market due to its business model that combines both event rentals and event venues. Growth & Expansion:Opportunity for growth has been identified due to increasing commercial demand in the industry for 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.

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