Hot Listing

Cash Flow Rich Event Party Rental Company

Asking Price$1,120,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,350,000

Inventory$10,000
Included in asking price
FF&E$725,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Cash Flow Rich Event Party Rental Company


Asking Price$1,120,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,350,000

Inventory$10,000
Included in asking price
FF&E$725,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
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)
About the Business
Years in Operation
31
Employees
15 Full-time
Facilities & Assets
This business currently operates from a 7,900 sq. ft. leased warehouse/storage with office space.
Market Outlook / Competition
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.
Opportunities for Growth
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.
About the Sale
Seller Motivation
Retirement (consulting available)
Transition Support
A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
Financing Options
$0.2m Seller financing plus $0.7m Bank financing subject to buyer qualification
Listing Info
ID
2457008
Listing Views
13

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Business Listed by: Achim Neumann A Neumann & Associates, LLC

Listing ID: 2457008 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. See our full Terms of Use. Learn how to avoid scams.


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