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- RE: Turn-Key Coastal Carolinas Party Rental Business
- Contact: Ben Shaw
Quick Facts
Asking Price: | $195,000 | |
Annual Revenue: | $179,264 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $79,949 | |
Total Debt: | Not Disclosed | |
FF&E: | $65,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 4 | |
BBN Listing #: | 991132 | |
Broker Reference #: | 1301-18173 |
Business Overview:
Well-established party rental business opportunity for sale. This coastal Carolinas business has a strong reputation,has been operating for over ten years, and has many recurring clients. This business is completely turn-key, with future bookings already on the calendar.
This business is one of only a few locally that are fully insured. They cater to individuals, businesses, schools,churches, festivals, and other non-profit entities. The business has future bookings on the calendar. Many bookings are annual repeat clients. They recently added more rental options (tents, tables, chairs) to upsell and help push per event revenue up.
This is the perfect business for a couple or someone semi-retired looking to own a business with great long-term opportunity. A new owner could increase traffic by implementing a full marketing plan.
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Property Features and Assets:
This business is primarily home-based and uses a self-storage facility for equipment.
Assets = $65,000
Market Competition and Expansion:
This business only has a few legally operating, fully insured direct competitors. They experience some competition from small fly-by-night operators. This company can differentiate itself from its competition by properly operating as a business entity and being fully insured. This allows them to work with businesses, schools, churches, festivals, and other non-profit entities that require full insurance.
A new owner has great opportunity to grow an already strong demand by implementing a full marketing strategy. Also, a new owner has opportunity to expand and grow its service offerings.
Reason for Selling:
Owner is looking to retire and move out of the area.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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