Asking Price: $645,000 Gross Revenue: $780,000Cash Flow: $242,000EBITDA: $232,000Inventory: Not Disclosed included in asking priceFF&E: $500,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This established turn key Western Massachusetts company runs itself. The owner, who is nearing retirement, currently lives out of states and has his managers run the business. This company also proudly serves Northern CT. This party and event company is a CASH based business with no outstanding debt! It has an enormous potential for growth. The business has hundreds of thousands of dollars in new-like party and event equipment waiting for its new owner to continue its expansion. The owner kept a rotation on buying new equipment which has resulted in most of the equipment being purchased in the last 12-24 months and is expected to last another 8-10 years before needing to be repurchased. The new equipment is a huge factor in this industry as most individuals looking to sell their business have ran their equipment to the ground. You will certainly not be disappointed.
About the Business
Number of Employees:
Building Sq. Ft.:
$3,510.00 Per Month
8 Trucks, 8 utility trailers, New Like Party Rental Equipment
We are the number 1 party rental business within 50 miles.
Established Branded Party Rentals Business (Absentee owner)
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
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