Wedding Equipment Rental

Riverside County, CA
Riverside County

Asking Price: Annual Revenue:
$165,000 $131,000

Services: Non-classifiable

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RE: Wedding Equipment Rental Broker: Doug Keup
License #: DRE # 00545510

Quick Facts

Asking Price: $165,000
Annual Revenue: $131,000
Net Profit: Not Disclosed
Cash Flow: $66,673
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 3
BBN Listing #: 524038408
Broker Reference #: RIVERCA001-N1010

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Business Overview:

This business was established in 2014 with good revenue growth each following year. It is located in a fast growing region of Riverside County, CA only minutes from Temecula Wine Country, a wedding Mecca. It is centrally located to serve San Diego, Orange and Los Angeles Counties. It is a family run business with a few permanent part time employees. There is great potential for further growth as many jobs have been turned away due to limited staffing. The well maintained rental equipment is conservatively valued at $110,000 and is sufficient to handle significant sales growth and includes: farm tables with multiple chair options, vintage sofas, love seats, arches, backdrops, buffet tables, chandeliers, and a substantial amount of other decorating accent pieces. The business has built an excellent reputation in the industry and several local wedding venues provide referrals. A high quality, user friendly website is included which has photos of most of their rental items. Cash flow remains consistent throughout the year as a 50% deposit is taken at the time of booking with the balance due two weeks before the event.

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Property Features and Assets:

Real Estate License ID: DRE # 00545510

Reason for Selling:

To invest in wedding rental venue

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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