Premier Special Event Rental Business where the “Wine Meets the Waves”
Business Description
This is an incredibly rare opportunity to acquire a long-established, full-service event rental business with an impressive 50-year legacy in Coastal California. The location is emphatically described as, “where the wine meets the waves.” The business has been serving its local and adjacent communities for approximately 50 years and is renowned for providing high-quality rental solutions for corporate and government events, film productions, celebrity weddings, annual festivals, institutional conferences, and large-scale community functions. The company possesses one of the most recognized names in regional event/party rentals, known for their reliability, exceptional customer service, and a vast inventory that is suitable for the many needs of their discerning customer base. With a diverse collection of premium inventory valued at approximately $1.3M, the company’s elevated clientele relies on it as a “one stop shop” for all of their special event needs, ranging from large, multi-day functions to bespoke, intimate gatherings. With the existing continuity of ownership, the brand has become a trusted, go-to provider for special events and related logistics. The company has exceptional “goodwill,” or as the key seller puts it, “the phone has been ringing for 35 years.”
Key Highlights:
- The business maintains an extensive inventory of event rental equipment and related items with a significant tangible asset base valued at approximately $1.3M. Key assets include tents and canopies of various sizes, dance floors, staging, tables, chairs, glassware, dishware, flatware, linens, bars, serving & food service equipment, delivery trucks, forklifts, and specialty décor items, among other things. The highly diverse and extensive portfolio of inventory eliminates the buyer’s need for any kind of significant capital investment after
acquisition. A comprehensive and highly detailed asset list will be provided to all qualified buyers.
- The location of the business continues to attract destination weddings, tourism-driven events, and high-end corporate functions, making it one of the state’s most desirable event corridors.
- The sought after region that the business services is experiencing rapid economic and population growth. This growth is evidenced by the recent construction and development of thousands of new homes, signaling long-term
expansion and an increasing demand for event services.
- The buyer will inherit a decades-long referral network, strong brand recognition, and an established customer base which is comprised of exclusive clientele from all over California.
- While the current ownership oversees the business at a high level, there is no key man risk, thereby limiting exposure to risk relating to the departure of existing employees following closing. This will help a new owner maintain continuity following acquisition. Additionally, the limited oversight required by a new owner
offers a range of optionality, making the business ideal for an owner-operator, semi-absentee owner, or strategic acquirer.
- The business occupies a large building on a substantial 1-acre gated property. The facility is centrally located with excellent access to major freeways and event destinations. All of the business assets and inventory are stored on-site, providing for maximum operational efficiency. The landlord has a long-standing positive relationship with the business owner and will be cooperative with extending the lease term for a qualified buyer.
This unique offering presents a rare opportunity to acquire a profitable, turn-key operation with a robust market position in a highly desirable and growing region. It is an ideal acquisition for (a) an existing event industry professional looking to expand their geographic footprint, (b) a motivated entrepreneur seeking the opportunity to realize upside associated with investments of time and energy into marketing, or (c) a family office seeking a highly respected, profitable business.
Key Highlights:
- The business maintains an extensive inventory of event rental equipment and related items with a significant tangible asset base valued at approximately $1.3M. Key assets include tents and canopies of various sizes, dance floors, staging, tables, chairs, glassware, dishware, flatware, linens, bars, serving & food service equipment, delivery trucks, forklifts, and specialty décor items, among other things. The highly diverse and extensive portfolio of inventory eliminates the buyer’s need for any kind of significant capital investment after
acquisition. A comprehensive and highly detailed asset list will be provided to all qualified buyers.
- The location of the business continues to attract destination weddings, tourism-driven events, and high-end corporate functions, making it one of the state’s most desirable event corridors.
- The sought after region that the business services is experiencing rapid economic and population growth. This growth is evidenced by the recent construction and development of thousands of new homes, signaling long-term
expansion and an increasing demand for event services.
- The buyer will inherit a decades-long referral network, strong brand recognition, and an established customer base which is comprised of exclusive clientele from all over California.
- While the current ownership oversees the business at a high level, there is no key man risk, thereby limiting exposure to risk relating to the departure of existing employees following closing. This will help a new owner maintain continuity following acquisition. Additionally, the limited oversight required by a new owner
offers a range of optionality, making the business ideal for an owner-operator, semi-absentee owner, or strategic acquirer.
- The business occupies a large building on a substantial 1-acre gated property. The facility is centrally located with excellent access to major freeways and event destinations. All of the business assets and inventory are stored on-site, providing for maximum operational efficiency. The landlord has a long-standing positive relationship with the business owner and will be cooperative with extending the lease term for a qualified buyer.
This unique offering presents a rare opportunity to acquire a profitable, turn-key operation with a robust market position in a highly desirable and growing region. It is an ideal acquisition for (a) an existing event industry professional looking to expand their geographic footprint, (b) a motivated entrepreneur seeking the opportunity to realize upside associated with investments of time and energy into marketing, or (c) a family office seeking a highly respected, profitable business.
About the Business
- Years in Operation
- 50
- Opportunities for Growth
- 1) Significant capacity for increased bookings with existing inventory.
2) Increased revenue is immediately achievable with a deliberate and quantifiable marketing campaign that elevates targeted advertising levels, SEO focus, and digital presence.
3) Increasing population and event activity in existing market service areas will offer a greater demand for event rentals.
4) Expansion of preferred vendor relationships with event planners, wineries, and hotels/resorts.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Owner is retiring
- Transition Support
- The seller is committed to supporting the buyer and is amenable to an arrangement following closing where the owner can provide training, consulting and customer and referral source transition services to help ensure a seamless change of ownership.
Listing Info
- ID
- 2448541
- Listing Views
Listing ID: 2448541 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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