Special Events Rental Company

Not Disclosed, MD

Asking Price: Annual Revenue:
$1,950,000 $2,946,579

Services: Rentals - Party, Equipment

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RE: Special Events Rental Company Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,950,000 12.5% Buyer Down Payment: $243,750 12.5% Seller Financing: $243,750 75% Bank Loan: $1,462,500

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $2,946,579
Net Profit: Not Disclosed
Cash Flow: $454,889
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1993
Employees: 20
BBN Listing #: 253934398
Broker Reference #: REC025

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Business Overview:

In business since 1993, this company almost does it all. From your typical bounce houses and photo booths, to less offered but still wildly popular casino games and water activities. They also offer a series of entertainers from caricaturists, to face painters to tarot card readers to fire eaters. This business offers events for all ages.

In the 60-page catalog of offerings, this business owns 95% of the equipment available and only a few items are co-owned with another business. They typically stay within 1.5-hour drive from the office space and mainly focus on two counties, while competitors have to drive up and down the east coast in order to hit the same revenue point.

Owner currently only works events when they want to. They are currently working 40-55 hours/week and focus mainly on oversight. Management staff is well-trained, and operations continue smoothly if the owner is not there. The owner is willing to stay on as an employee to focus on promotional products division of the business.

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Property Features and Assets:

Equipment: Photo equipment, DJ Equipment, Bounce Houses, Casino Games, and more Vehicles: Box Trucks, Vans, Pickup Trucks, Trailers, Ride Trailers Intangible Assets: Trained staff, great reputation, loyal clientele, variety of events/services offered.

Reason for Selling:

Exit Strategy.

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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