Turn-Key Coastal Carolinas Party Rental Business

Asking Price$195,000

Cash Flow
$79,949
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$179,264

InventoryNot Disclosed

FF&E$65,000
Included in asking price
Real EstateNot Disclosed

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Turn-Key Coastal Carolinas Party Rental Business


Asking Price$195,000

Cash Flow
$79,949
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$179,264

InventoryNot Disclosed

FF&E$65,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Annual Recurring Rentals on Calendar w/ substantial growth opportunity
Well-established party rental business opportunity for sale. This coastal Carolinas business has a strong reputation, has been operating for over ten years, and has many recurring clients. This business is completely turn-key, with future bookings already on the calendar.

This business is one of only a few locally that are fully insured. They cater to individuals, businesses, schools, churches, festivals, and other non-profit entities. The business has future bookings on the calendar. Many bookings are annual repeat clients. They recently added more rental options (tents, tables, chairs) to upsell and help push per event revenue up.

This is the perfect business for a couple or someone semi-retired looking to own a business with great long-term opportunity. A new owner could increase traffic by implementing a full marketing plan.
About the Business
Years in Operation
14
Number of Employees
4
Currently Relocatable
Yes
Currently Home Based
Yes
Facilities & Assets
This business is primarily home-based and uses a self-storage facility for equipment.
Market Outlook / Competition
This business only has a few legally operating, fully insured direct competitors. They experience some competition from small fly-by-night operators. This company can differentiate itself from its competition by properly operating as a business entity and being fully insured. This allows them to work with businesses, schools, churches, festivals, and other non-profit entities that require full insurance.
Opportunities for Growth
A new owner has great opportunity to grow an already strong demand by implementing a full marketing strategy. Also, a new owner has opportunity to expand and grow its service offerings.
About the Sale
Seller Motivation
Owner is looking to retire and move out of the area.
Transition Support
Will train for 4 weeks @ $0 cost.
Financing Options
$19,500 down/$19,500 over 120 mos. @ 11.25%/Other Financing.
Listing Info
ID
2366325
Listing Views
1395

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Business Listed by: Ben Shaw Murphy Business Sales - Wilmington

Listing ID: 2366325 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.