Event Rental Business w/$1 ml in Inventory Included!

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Asking Price:
$1,850,000

Gross Revenue:
$1,000,000
Cash Flow:
$500,000
EBITDA:
$500,000
Inventory:
$100,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This event rental business provides equipment for indoor or outdoor events. Typical items offered include tents, canopies, covers, umbrellas, tables, chairs, heating and air conditioning units, misters, fans, dumpsters, trash bins, changing rooms, etc. The $1,850,000 asking price includes roughly $1,000,000 in equipment and asset inventory available for rental.

About the Business

Year Established:
1995
Number of Employees:
10
Facilities:
This business operates out of a 3,200 square foot office / warehouse that may be relocated to anywhere within greater Los Angeles, or incorporated into an existing event rental operation. The sale includes stake bed delivery vehicles, 2 forklifts and a plethora of specialty equipment specifically created for the industry.
Market Outlook/
Competition:
This firm is well-established in its industry, and caters to a specific client base, however, its equipment may be utilized for any time of event.
Growth & Expansion:
New owners may wish to expand this business into a the more general category of event rentals, as its equipment and business model may be applied to any type of indoor or outdoor events. In addition, their equipment offering may be expanded to include vehicle rentals, or any number of additional complementary items.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will train as necessary
Cash Flow Comments:
EBITDA: $500,000
Seller Financing:
Small Carry May be Considered

Listing Info

ID:
1173170
Ad Detail Views:
1472

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U.S. Census Data for Los Angeles County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Los Angeles County, CA
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Source: American Community Survey (2010-2014), United States Census Bureau.

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