Industry Leader in Event Storage Solutions

Sale Pending

Asking Price$5,000,000

Cash Flow
$944,288
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,584,839

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Industry Leader in Event Storage Solutions


Sale Pending

Asking Price$5,000,000

Cash Flow
$944,288
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,584,839

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This business is the national leader in storage services for events. With a fleet of seventeen specially designed storage trucks working all across the country at major sports venues, concerts, festivals, road race, conferences, and more.
Their customers are event and venue partners, which are brokwn down into a several categories:
- Competitive events (road races, triathlons, etc)
- Spectator events (professional sporting events, concerts, festivals)
- Professional events (conferences, testing centers, etc)
- Short-term storage rentals (construction sites, warehouses, etc)
They work at a number of NFL, MLB venues, and major annual events. Additionally, they are at a number of concerts.

Their full-time team is small but mighty - with two full time operations team members, two sales reps, and the owner as the CEO, they are able to effectively and remotely manage up to twenty-five events a day (typical busy season Saturday!).

*Please note their fiscal year runs from March 1,2023 – February 28, 2024
About the Business
Employees
7
Opportunities for Growth
Per month, one truck costs approximately $2,500 to have on the road but can easily generate 4x that amount. The more trucks on the road, the more coverage the company can offer, less travel expenses incurred, less wear and tear on vehicles, and consistent presence in any one region leads to more streamlined staffing and results in lower staff cost percentages. Additionally, the company is primed to start expansion into Canada.
About the Sale
Seller Motivation
To pursue other opportunities
Transition Support
The seller will provide training and support to ensure a smooth transition
Financing Options
A qualified buyer may be able to obtain an SBA 7A loan with 10% down payment for the
Listing Info
ID
2146232
Listing Views
2797

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Business Listed by: Bil Zarch BayState Business Brokers

Listing ID: 2146232 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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