|
Wedding Reception Equipment Rental Business For Sale
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $240000
Net Profit / Cash Flow $110000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 6 - 9
Inventory $48,000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Simple to learn, provided as needed. Employees are part time.
Reason for Sale Family.
Description Equipment rental and services for wedding receptions and other special events.
This is a growing business that offers niche equipment and services primarily for wedding receptions, but applicable to other special events. The equipment provides guests with enjoyable memories of the event. This is a simple and enjoyable business to own and operate.
Investment highlights:
- the company expects their growth to continue as its recognition in the marketplace grows. Business for 2011 ytd is up 30%.
- the company has first right of refusal for the indianapolis and the Louisville / Lexington regions if expansion into those areas is desired.
- the business has achieved its envious growth during a period of poor economic conditions. As the economy begins to recover, the business will likely benefit as more discretionary dollars are available.
- this business is a turn-key operation that is open to new ideas and promotion that a new owner may bring to the business.
- other related products and services could be added to the company's offerings.
Purchase price:
The business is being offered as an asset sale, free and clear of all debt and liabilities for $195,000. All of the equipment used in the business is included. The purchaser shall receive all booked future business and all deposits ($25,000 to $50,000) made by the customers.
2009 sales: $129,767
2009 adjusted cash flow: $70,197
2010 sales: $187,446
2009 adjusted cash flow: $84,531
2011 estimated sales: $240,000
2011 estimated adjusted cash flow: $110,000
Adjusted cash flow: the cash flow of the business before expenses of owner compensation and perks, interest, depreciation and extraordinary items.
Email or call Wayne Corney at 513-241-3700 for more information on this wedding reception equipment rental business for sale.
Click Here To Contact Seller
|
|
