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Rapidly Growing Party Rental Business For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $850000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Inventory 350000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owners will stay for 6 months to a year
Reason for Sale Other ventures
Description If you've been looking for an exciting opportunity with a ton of room for growth and huge potential for profit then you may have found it. This business has experienced exponential growth over the last six years and continues to grow and gain market share every year. This business occupies approximately 10,000 square feet and is one of the top performing rental companies in the Sacramento metropolitan area. This area encompassed a combined population of over one million people. The warehouse location is close to all of the major freeway arteries for quick and easy access and reduced delivery times which mean more profits! The owners have also secured a fantastic lease on a retail location which offers a showroom and fashion jewelry boutique in a highly affluent part of the Placer county region of Sacramento. In addition, they have also published their own 80 page wedding bridal guide that is heavily branded and highly professional. The owners have also created two inventions that may be patented if you desire that are specific to the party rental industry and are part of the sale. Overall a fantastic opportunity for the right buyer. he sellers will be willing to stay on for 6 months to a year for a smooth transition and currently have key employees in place that allow them to run the business semi absentee. Adding full time sales people to your staff and expanding into larger tents would catapult this business into a a top three provider with significant market share. $949,000.
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