Event Equipment Rental Company
Well established, profitable operation with management team in place
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The Company is an event equipment rental company providing tents, tables, chairs, linens, staging, and other event furnishings.
The Company maintains a robust inventory of event rental equipment and provides delivery, set up, and breakdown services. Its expansive inventory of tables, chairs, and linens creates a competitive advantage over its competitors who typically rent these items from third parties to accommodate large events. It services both commercial and residential customers. The primary service area includes all of New Jersey, Philadelphia/Eastern Pennsylvania, and Manhattan. Typical events that the Company is contracted for include conventions, trade shows, and various corporate events, on the corporate side, and weddings and private parties on the residential side.
The Principal founded the Company over ten years ago after being employed at another event equipment rental company for several years. He is seeking a sale of the Company to pursue other interests. This opportunity is well suited for a strategic acquirer looking to expand its operations and geographic footprint, grow its customer base, and/or diversify its service offerings. It would also be suitable for a business savvy individual seeking to acquire a well-established, profitable operation.
About the Business
Contact the Seller
- Year Established:
- Number of Employees:
The Company operates out of two New Jersey facilities, one totaling approximately 30,000 sq. ft. and the other 10,000 sq. ft. There is also significant outdoor area available for additional storage and staging deliveries with one of its facilities housed on three acres of land.
The Company has successfully leveraged the experience and knowledge of its workforce to develop a reputation for providing high-quality service. The depth of its inventoried equipment, both in quantity and variety, has created a competitive advantage by allowing the Company to accommodate large events with relatively short turnaround times.
Growth & Expansion:
Several expansion opportunities are currently available for the Company including, but not limited to, introducing additional value-added services to complement its current offerings, forming strategic partnerships with related companies that serve the same customer base, and expanded the Company's geographic service area.
About the Sale
- Reason For Selling:
Pursuing other interests
Principal will be available to participate in a transition period to ensure continuity and smooth operation of the business immediately following the transaction.
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