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Established Party Rental Company With Solid Customer Base In Los Angeles County For SAle

Los Angeles County, California - South, US
Asking Price:
$1,200,000 Inventory / Stock included
Sales Revenue:
$2,354,000
Cash Flow:
$356,000

Highly recognized in the party rental industry, this company offers a wide variety of services, and in the hands of the right owner, it is poised for growth in multiple areas. With over four decades in the industry, the business is well-established, has an excellent reputation, and boasts a long-standing community presence.

The business has seen consistent growth in revenue year over year through word-of-mouth referrals. A buyer could follow multiple avenues of growth, building on the foundation set by the current owners

Property Information

Real Estate:

Lease

Location:

The business is in an excellent location close to a major freeway with ample reserved parking. The 16,000 sf space includes a representative showroom, offices, and warehouse/storage. All assets are in excellent condition.

Premises Details:

The 16,000 sf space includes a representative showroom, offices, and warehouse/storage

Size in square feet:
16,000

Business Operation

Expansion Potential:

A strong history and superior client-focused attention to detail, dedication to excellence, a service portfolio capable of meeting any client's program, and quality of execution differentiate this business from its competitors. A database of approximately 16,000 contacts, including past clients and referral sources, creates a unique opportunity with enormous growth potential.

Reasons for selling:

Owner wants to retire.

Employees:
26
Years established:
1978

Other Information

Support & training:

Owners offer training for 8 weeks at 20 hours per week.

Financing available:

Seller may consider holding a note for a well-qualified buyer for 10% of the purchasing price.

Inventory / Stock value:
$5,000 - included in the asking price