TOP RATED PARTY RENTAL BUSINESS WITH HEALTHY CASH FLOW
Southeast, Michigan
| Asking Price: |
Gross: |
Cash Flow: |
| $495,000 |
$452,930 |
$170,000 |
Furniture and Fixtures Value:
$293,435 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Our firm is pleased to present fast-growing party rental company operating in western suburbs of Metro Detroit area with leading online presence, strong repeat customer base and huge unexploited growth opportunities. The company has built a stellar reputation and brand name for providing high-quality equipment and exceptional customer service. Focusing on backyard entertainment, large customer base includes individuals, businesses and schools with significant number of repeat clients. The owner is involved in the business on full time basis. Additionally, dedicated and experienced team consists of 2 full time managers year around and 15 part time seasonal employees. Well-maintained asset base consists of large variety of updated, carefully selected rental equipment, multiple delivery trucks and enclosed trailers as well as specialized forklift and moving equipment. Top of the line user-friendly website allowing for unassisted on-line bookings coupled with fully developed processes and systems in place makes it an excellent investment either for new energetic owner/operator or an existing business in party rental or tent rental space looking to gain significant market share. The party rental industry is a growing market, and with the right strategy and management, this business has the potential for significant growth and profitability.
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| Year
Business was Established: 2018 |
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| Number of Employees:
2FT/15PT |
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| Facilities / Terms of Lease:
The business currently operates from a leased facility in Wayne County conveniently located close to freeway. Building is 2,400 sqft combined office / warehouse plus over 2,000 sqft outdoor drying/cleaning yard. The lease is currently on the month-to-month basis allowing for flexibility to either remain at the same location with new signed lease or moving to a different location. Great landlord to work with. |
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| Potential
Growth/Expansion:
With stellar reputation in the community and fresh energy of a buyer this business is poised for continued growth and expansion. The owner is happy to share several low-hanging growth opportunities yielding immediate revenue increase. Fully developed systems and processes makes this business an excellent franchising development opportunity! |
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| Competition:
There currently is minimal competition of the same caliber in this area. Outstanding reputation, integrity and dedicated staff allows the company to separate itself from the rest of the competition and retain their clients consistently with minimum marketing effort. |
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| Owner
willing to finance:
Negotiable. SBA Loan is available for a qualified buyer. |
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| Owner
willing to train:
The owner will provide all necessary training to ensure smooth transition. She is also willing to remain in consulting or employment capacity post-transition, if desired by the buyer. |
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| Reason for selling:
Owner is selling due to personal reasons but feels the business has reached a strong and sustainable base from which a new energetic owner can capitalize on numerous future growth opportunities. |
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| REQUEST MORE INFO |
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