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Equipment Rental Business - Entertainment
Location Nevada,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1306000
Net Profit / Cash Flow $640000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 6 - 9
Inventory 500000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide training
Reason for Sale Other business interests
Description Las Vegas Equipment Rental Company specializing in providing entertainment equipment rentals for Conventions, Corporate Rentals and Private Meetings. A leader in their industry, they are know for both the quality & designs of their rental equipment and the ability help their clients have a fun and interactive event, trade show, party or corporate function. This established company is on pace to earn over $600,000 in adjusted net income in 2013 with limited owner involvement. Business was established in 2004 and has a history of verifiable revenue and profitability with peak sales of 1.8m in 2008. Sales have been flat over the last 2 years but profits have been on the rise and the company has just hired a new general manager who is bringing positive changes to all aspects of the business. There is no significant competition in the marketplace. Seller is no longer interested in managing the business but would be willing to stay on as a creative consultant. Client list is extremely strong and they work directly with Casino's, Corporations, Event Planners, TV shows, Movies, Local Business Leaders, Commercials and Concert promoters. Business includes over $500,000 in equipment, web site, 8300 sq ft of offices and storage and is completely turn-key. Seller is offering creative financing. For more information contact Alan Horwitz at lvbusinessbroker(at)gmail(dot)com or at 702-714-0229
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