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Well Established Rental Business in the Midwest #769

Des Moines, Iowa

Asking Price: Gross: Cash Flow:
$2,700,000 $2,737,381 $1,075,371

Furniture and Fixtures Value:
$1,500,000 (included in the asking price)

Inventory Value:
$3,000 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Reliable Midwest Party & Event Rental company with several streams of revenue has a strong hold on the local and interstate markets along with a growing national presence. The company provides a wide range of drop off and/or turnkey rentals for the Event and Party space. Event and Party planners especially appreciate the convenience of getting their infrastructure from one place. With three plus decades in the business, Word of Mouth and the Website create an abundance of work. More than $1.5 million in rental assets included in the price with over $100K purchased this year. For more information, call Mark Sauter at 314.306.3855 or [email protected].

 
   
   
Year Business was Established: 1981
   
Number of Employees: 16FT/1PT  
   
Facilities / Terms of Lease: Building Lease 13,500 sq. ft. @ $5,500 per month  
   
Owner willing to train: Yes  
   
Reason for selling: Free Up Time!  
 

 

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