Established Event Rental Company with Proven Systems
Business Description
Let’s Party Rental Center is Central Illinois’s leading full-service event rental company, proudly serving a 60-mile radius from Bloomington since its founding. The business provides high-quality tents, tables, chairs, linens, and event equipment for weddings, corporate functions, schools, fundraisers, and private celebrations. With a proven reputation for reliability, professionalism, and superior service, Let’s Party has become the go-to rental provider for clients seeking stress-free, well-executed events.
The company operates from a 15,387-square-foot leased facility featuring four loading docks, a large warehouse, and organized prep areas for efficient setup and turnaround. The space includes a tent and chair washer, commercial linen washers and dryers, and a professional press system, allowing all inventory to be maintained in excellent condition. Rent is approximately $8,000 per month, all inclusive, and the lease runs through July 2027. The layout has been refined over years of experience for optimal flow between inventory staging, cleaning, and loading operations.
Included in the sale are all delivery trucks, trailers, and a Tent OX machine that streamlines installations and significantly reduces labor time on large tent setups. The business’s equipment base represents roughly $540,000 in book value. All inventory is well-organized, serviced regularly, and stored in the facility during the off-season.
The company is known for its strong systems and organization. Operations are managed through Goodshuffle, an industry-leading rental management platform that handles inventory, quoting, scheduling, and invoicing. A custom AI-assisted phone system and automated online quote form provide exceptional responsiveness to customers. These tools allow the company to operate efficiently with limited office staff while maintaining outstanding service quality and quick turnaround times.
Let’s Party Rental Center has long-standing relationships with corporate clients, schools, and local organizations, along with a loyal base of repeat customers. The business consistently receives referrals based on its reputation for reliability, cleanliness, and professional crews. Setup teams are well-trained, punctual, and accustomed to managing events of all sizes — from backyard gatherings to large-scale weddings and corporate functions.
Financially, the business is healthy and consistent. Average annual revenue is approximately $550,000, with cash flow (SDE) averaging around $150,000–$200,000. The company has solid books, clear documentation, and a scalable model that supports continued growth under new ownership.
Growth opportunities are significant. A new owner can easily expand by adding additional tent sizes, targeting corporate clients, and extending service into nearby metropolitan areas such as Chicago, St. Louis, and Indianapolis. Enhanced online marketing, partnerships with local venues, and expanded off-season offerings (such as indoor event equipment rentals or specialty décor) could quickly increase revenue. The business is well-positioned to handle greater volume with its existing facility, inventory, and delivery capacity.
The current owner will provide 30 days of hands-on training covering operations, quoting, Goodshuffle management, delivery scheduling, and crew logistics. Introductions will be made to key vendors and clients to ensure a seamless transition. Post-sale support is available via text or call as needed to help the buyer feel confident and successful.
This is a rare opportunity to acquire a well-established, systemized, and respected event rental company with an excellent local reputation, organized operations, valuable equipment, and consistent profitability. Whether you are an experienced operator looking to expand or a motivated entrepreneur seeking a turnkey business in a stable, growing industry, Let’s Party Rental Center offers the perfect blend of stability, scalability, and proven success.
The company operates from a 15,387-square-foot leased facility featuring four loading docks, a large warehouse, and organized prep areas for efficient setup and turnaround. The space includes a tent and chair washer, commercial linen washers and dryers, and a professional press system, allowing all inventory to be maintained in excellent condition. Rent is approximately $8,000 per month, all inclusive, and the lease runs through July 2027. The layout has been refined over years of experience for optimal flow between inventory staging, cleaning, and loading operations.
Included in the sale are all delivery trucks, trailers, and a Tent OX machine that streamlines installations and significantly reduces labor time on large tent setups. The business’s equipment base represents roughly $540,000 in book value. All inventory is well-organized, serviced regularly, and stored in the facility during the off-season.
The company is known for its strong systems and organization. Operations are managed through Goodshuffle, an industry-leading rental management platform that handles inventory, quoting, scheduling, and invoicing. A custom AI-assisted phone system and automated online quote form provide exceptional responsiveness to customers. These tools allow the company to operate efficiently with limited office staff while maintaining outstanding service quality and quick turnaround times.
Let’s Party Rental Center has long-standing relationships with corporate clients, schools, and local organizations, along with a loyal base of repeat customers. The business consistently receives referrals based on its reputation for reliability, cleanliness, and professional crews. Setup teams are well-trained, punctual, and accustomed to managing events of all sizes — from backyard gatherings to large-scale weddings and corporate functions.
Financially, the business is healthy and consistent. Average annual revenue is approximately $550,000, with cash flow (SDE) averaging around $150,000–$200,000. The company has solid books, clear documentation, and a scalable model that supports continued growth under new ownership.
Growth opportunities are significant. A new owner can easily expand by adding additional tent sizes, targeting corporate clients, and extending service into nearby metropolitan areas such as Chicago, St. Louis, and Indianapolis. Enhanced online marketing, partnerships with local venues, and expanded off-season offerings (such as indoor event equipment rentals or specialty décor) could quickly increase revenue. The business is well-positioned to handle greater volume with its existing facility, inventory, and delivery capacity.
The current owner will provide 30 days of hands-on training covering operations, quoting, Goodshuffle management, delivery scheduling, and crew logistics. Introductions will be made to key vendors and clients to ensure a seamless transition. Post-sale support is available via text or call as needed to help the buyer feel confident and successful.
This is a rare opportunity to acquire a well-established, systemized, and respected event rental company with an excellent local reputation, organized operations, valuable equipment, and consistent profitability. Whether you are an experienced operator looking to expand or a motivated entrepreneur seeking a turnkey business in a stable, growing industry, Let’s Party Rental Center offers the perfect blend of stability, scalability, and proven success.
About the Business
- Years in Operation
- 24
- Employees
- 9 (3 Full-time, 6 Part-time)
Seasonal part time employees for the summer months - Facilities & Assets
- Business operates from a 15,387 sq ft leased facility through July 2027, featuring four loading docks and an efficient layout ideal for event operations. Rent is $8,000/month, all-inclusive. Assets include a tent and chair washer, commercial washer/dryer, linen press, and extensive inventory of tents, tables, chairs, linens, delivery trucks, trailers, and a Tent OX system for efficient installs—fully organized for turnkey efficiency.
- Website
- https://letspartyrental.com/
- Market Outlook / Competition
- Serving Central Illinois within a 60-mile radius, the company dominates its market with superior service quality, reliability, and inventory standards. As the largest event rental provider in the area, it competes with two smaller firms. The market is stable and growing, with strong customer relationships and advanced systems. Expansion opportunities include adding tents and extending reach into Chicago, St. Louis, and Indianapolis.
- Opportunities for Growth
- Strong foundation with systems, staff, and brand recognition in place to scale quickly. New owner can expand revenue by adding tents, investing in additional crews, and extending service to larger nearby markets such as Chicago, St. Louis, and Indianapolis. Further growth potential through enhanced online marketing, partnerships with venues, and increased off-season rental offerings.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 15,387
- Rent
- $8,000.00 per month
- Lease Expiration
- 7/31/2027
About the Sale
- Seller Motivation
- Owner pursuing new ventures and seeking to transition the company to a qualified
- Transition Support
- Owner will provide 30 days of hands-on training covering quoting, Goodshuffle setup, delivery scheduling, crew operations, and inventory management. Includes introductions to key clients and vendors, all digital systems, plus post-sale support via text or call.
- Financing Options
- No seller financing offered. Buyers may pursue SBA or third-party financing.
Listing Info
- ID
- 2432541
- Listing Views
- 91
Attached DocumentsAttachment Disclaimer
Listing ID: 2432541 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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