Online Party Rental Service
Location Utah,United States
Asking Price Range < $250K
Gross Revenues $565760
Net Profit / Cash Flow $514540
Cash Flow Type EBITDA
Seller Finance No
Year Established 2012
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training one year consulting
Reason for Sale seller doesn't have time to develop business
Description This web site is designed to be the "1-800-Flowers" or "Hotels.com" of the tent, table, chair, and event equipment rental business. The business model takes advantage of the fragmented nature of the market -- nearly every city in North America has a small number of independent mom-and-pop operators who carry all the inventory that is needed.
The business model simply runs paid search advertising, receives phone calls from around the country, emails out quotes, receives the orders, charges the customer (just like Hotels.com) and takes 40% of every single order-without carrying a single piece of equipment. The entire business can be run from a home or small office.
The seller ran two paid search beta-tests national. Net profit from the first test annualizes to well over $300,000; from the second, over $500,000.
The seller doesn't have time to fully develop the business, but the sales price includes a year of consulting. Asking price is $30,000 and seller will finance $6,000 for a credit-worthy buyer.
Click Here To Contact Seller
|
|