Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Listed by:

Neumann Associates

Cash Flow Rich Event Party Rental Company For Sale

Central Pennsylvania, Pennsylvania, US
Asking Price:
$1,120,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,350,000
Cash Flow:
$385,000

This well-known Event Party Rental Company is located in Central PA and offers its clients a full-service entertainment source. The firm provides party rental services on the East Coast with significant revenues from educational institutions and corporate clients. The business provides rentals for over 1,000 events per year.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.6x EBITDA (ttm). A full valuation report is included and there is $10,000 in Net Working Capital plus another $725,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain close to $250,000 benefit in after-acquisition-debt cash flow in Year #1 – over 110% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Property Information

Real Estate:

Lease

Premises Details:

This business currently operates from a 7,900 sq. ft. leased warehouse/storage with office space.

Business Operation

Expansion Potential:

It is projected that a new owner will obtain additional growth by expanding to a retail location for direct-to-consumer rentals for smaller events such as birthday and graduation parties. An expansion into tents, tables and chair rental for the existing client base in addition to new clients would provide significant revenue growth.

Competition / Market:

The company enjoys a competitive advantage by offering a wide variety of well-maintained inflatable and other unique rentals. All events rentals are delivered, set up and staffed by experienced personnel. The firm has created a proven sales strategy tailored to corporations and universities.

Reasons for selling:

Retirement (consulting available)

Employees:
15
Years established:
1995

Other Information

Support & training:

A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$0.2m Seller financing plus $0.7m Bank financing subject to buyer qualification

Furniture / Fixtures value:
$725,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price