NOT DISCLOSED, Pennsylvania
| Asking Price |
$1,120,000 |
Year Established |
1995 |
|
| Annual Revenue |
$1,350,000 |
Reason for Selling |
Retirement (consulting available) |
|
| Annual P/L |
$0 |
Attention |
Juan Carlos |
|
| Annual Cash Flow |
$385,000 |
Listing Number |
1004023 |
|
| # of Employees |
15 |
Business Category |
Services: Rentals - Party, Equipment |
|
Business Overview:
This well-known Event Party Rental Company is located in Central PA and offers its clients a full-service entertainment source. The firm provides party rental services on the East Coast with significant revenues from educational institutions and corporate clients. The business provides rentals for over 1,000 events per year.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.6x EBITDA (ttm). A full valuation report is included and there is $10,000 in Net Working Capital plus another $725,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain close to $250,000 benefit in after-acquisition-debt cash flow in Year #1 – over 110% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
Property Features and Assets:
<p>This business currently operates from a 7,900 sq. ft. leased warehouse/storage with office space.<br></p>
Market Competition and Expansion:
<p>The company enjoys a competitive advantage by offering a wide variety of well-maintained inflatable and other unique rentals. All events rentals are delivered, set up and staffed by experienced personnel. The firm has created a proven sales strategy tailored to corporations and universities.<br></p><p>It is projected that a new owner will obtain additional growth by expanding to a retail location for direct-to-consumer rentals for smaller events such as birthday and graduation parties. An expansion into tents, tables and chair rental for the existing client base in addition to new clients would provide significant revenue growth.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity