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Hardware, Party Planning Rental Franchise
| Asking Price: | $1,650,000 | Inventory: | $1,200,000 ++ |
| Gross Revenue: | $1,300,000 (comments below) | Real Estate: | $850,000 ** |
| Cash Flow: | $335,000 (comments below) | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: sustainable growth | |||
| Cash Flow Comments: includes owners salary | |||
Awesome equipment rental business with extensive assets. This 35 year old franchise has standed the test of time with impressive growth. This service store has a retail division that sells products that are complimentary to the equipment they rent. They also have party supplys and party rental products. Move fast to get in on the busy graduation and wedding season.
About the Business
Year Established:1973
Employees:6 full time - 15 part time
Franchise:Yes
Facilities:Incredible real estate with almost 20,000sf on retail showroom and storage. On a very busy street right next to a mojor highway. The building was built exclusively to handle the customer flow and the rental returns. The real estate is available and valued around 850. additional 85K in cash flow for real estate debt service.
Market Outlook and Competition:Closest competion in nearly 30 miles away. With a 35 year history, this medium sized town has corner the market and is very well known.
About the Sale
Management Training and Support:Great training from the owners and from the franchisor. Extremely reputable business with incredible management already in place.
Reason For Selling:Same owners for over 35 years. They would like to retire.
Seller Financing:seller will look at all reasonable proposals, but will only carry paper if the seller is the perfect match.
KEYWORDS: party, rental, equipment, retail, supplys, assets, cash flow, modivated
Sell Your Business | This listing has been viewed 227 times
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State: Michigan
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Last Viewed: Physical Therapy Center and Fitness
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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