Premier Inflatable Party Rental Company 20 yrs

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Fun - Recession Proof, Turn Key, Very Profitable Seasonal Children Biz
Asking Price:
$497,800

Gross Revenue:
$353,815
Cash Flow:
$160,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$315,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A great opportunity to own a turn key, recession proof business which yields an incredible profit with minimal effort. Cash Flow is actually 200k which 40k is a capital expense annually used for new product. Established 20 years ago, this business has an experienced management & employee base with a successful, innovative sales platform and a fully automated real-time online state of the art reservation, scheduling & inventory system. The owner typically works less than 20 hrs per week for 6 months a year.
This is one of the largest companies in New York State that specializes in inflatable entertainment. It comes with a massive customer base of which the vast majority are repeat customers. We service everything from backyard birthday parties to corporate events, colleges, universities, Churches, Schools, Summer Camps, HOA’s and municipalities. Our current service area is primary Central Eastern NY (Albany, Rensselaer, Saratoga, Warren and Washington Counties); however, we do often venture into other NY counties and often into Vermont.
We have the most diverse inflatables available; nearly a 100 to choose from. Our massive inventory includes an unique selection of rare licensed themed inflatables: Marvel, Disney, Nickelodeon, Bounce Houses, Combos, Obstacle Courses (up to 100’ long). We have Interactives including Jousting, Wrecking Ball, Zorb Criss Cross Track, Bouncy Boxing arenas, Sticky Wall, Bungee Runs, 10 player Foosball Inflatable, sport games, and a huge selection of water slides (including dual lane slides), and also Dry Slides. In addition, we have Tents, Tables, Chairs, Concessions, Dunk Tanks, Generators, 2 large box trucks with liftgates, 2 express vans, a trailer, and many other required accessories. Our equipment has been meticulously cared for and is in excellent condition.

About the Business

Location:
Queensbury, New York
Year Established:
1999
Number of Employees:
5
Facilities:
Massive inventory and Vehicles all included. Much of the equipment is very NEW. The business operates out of the back of the owners paved New Self Storage facility in Warren County. The business can remain as is and operate in the current location if desired. A lease is negotiable with a possible complementary rent free period of time.
Market Outlook/
Competition:
There are a few small companies however they can’t compete with our company’s solid 20 year reputation and the huge array of newer inflatables that we offer. We book out often and frequently are forced to turn away business during the busy season.
Growth & Expansion:
The business has a solid & experienced management that can stay with the new order, if desired. The growth potential can be substantial to a motivated owner.
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About the Sale

Reason For Selling:
Retiring from industry to Pursue other interest
Training/Support:
Business was designed so the owner could work Part Time while enjoying an awesome income. It won’t take long for the new captain to take the helm. The current system in place is state of the art utilizing technology & software. The seller will be available for training and support for a month or more if needed and will offer phone support thereafter; if needed.
Seller Financing:
Some Seller financing is negotiable for a qualified buyer

Listing Info

ID:
1428266
Ad Detail Views:
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Business Listed by
Thomas Barber

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