Established Branded Party Rentals Business (Absentee owner)

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Long Established, Profitable & Stable Customer Base
Asking Price:
$645,000

Gross Revenue:
$780,000
Cash Flow:
$242,000
EBITDA:
$232,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
$500,000
included in asking price

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Business Description

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

Year Established:
2008
Number of Employees:
16
Real Estate:
Leased
Building Sq. Ft.:
6,500
Rent:
$3,510.00 Per Month
Lease Expiration:
12/31/2028
Facilities:
8 Trucks, 8 utility trailers, New Like Party Rental Equipment
Market Outlook/
Competition:
We are the number 1 party rental business within 50 miles.
Growth & Expansion:
Huge room for growth & expansion!
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About the Sale

Reason For Selling:
Moving out of area
Training/Support:
2 Months

Listing Info

ID:
1414369
Ad Detail Views:
180

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U.S. Census Data for Hampshire County, MA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Hampshire County, MA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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