CONCORD, California
| Asking Price |
$149,900 |
Year Established |
2004 |
|
| Annual Revenue |
$274,000 |
Reason for Selling |
Other business interest |
|
| Annual P/L |
$50 |
Attention |
John Irvine |
|
| Annual Cash Flow |
|
Listing Number |
507337 |
|
| # of Employees |
3 |
Business Category |
Services: Rentals - Party, Equipment |
|
Business Overview:
Party Rental Business (Inflatables) Advantages of this 18-year established Franchise business: Strong reputation in Alameda and Contra Costa Counties means 70% repeat and return customers. Seasonality gives the owner up to 4 months of downtime to recharge/ travel/ relax each year. Affiliation with national company offers advantage of tested methods, equipment & marketing, software support, and strategizing with other like sized businesses around the US. Independence of Owner/ Operator means the business can grow very quickly or more slowly as directed by decisions made in house rather than dictated elsewhere. Atmosphere - It's a happy business. We deliver the Fun to the parties and- we get thanked over and over and over. Our equipment is the best available, in very good condition and doesn't give us problems. Most of our season has no threat of rain, and employees can be trained within a few weeks. 2020 sales of $176,000., 2021 sales of $200,000. and 2022 sales of $274,000. as the Bay Area experienced covid lockdowns and social distancing which are now behind us. Pre covid revenues of $400,000 are projected to return in 2023/2024. Net can be as high as 40% and vehicle, cell phone, insurances and home office are
Property Features and Assets:
<p>This business is currently being run from home.</p>
Market Competition and Expansion:
<p>2022 year end sales reported at $274,360. with over 550 parties.</p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity