Well Located Party & Event Rental Services
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $344000
Net Profit / Cash Flow $103000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 10 - 19
Inventory 417000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide training
Reason for Sale Retirement
Description This Party Rental Service was established in 1994. Current seller bought location in 2002. Have grown between 8% to 10% each year. The business is profitable and poised for more growth. The Austin/San Antonio corridor is the fastest growing areas in Texas. All equipment is clean & in good repair. Clients come from internet, wedding & event planners, caterer recommendations, etc.
Business is located on a lot that is 18,000 SF; with a Metal buliding that is 2,400 SF. Building is well insulated, tile floor, heat & air conditioning. Men & ladies restrooms. Prime location between 2 popular restaurants. The real estate valued at $320,000 is available for lease or purchase.
Seller is open to financing with $170,000 down. Balance 5 years at 7% for a qualified buyer.
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