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Businesses For Sale   >>   Entertainment and Leisure Businesses For Sale

Party Rental Services - 20% Growth Every Year

Location  Illinois,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $600000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1900
Number of Employees  1 - 3
Inventory  495000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Other Business Demands

Description  
We are exclusively offering for sale a Party & Event Rental business, This is a complete, turn-key party and event rental operation. Whether it is a tent for a company event or tables, chairs and china for a wedding reception they provide tents, tables, chairs, serving equipment, china, silverware, glassware, linens, staging, dance-floors, and more. Since its inception, the store has seen growth year after year. They have enjoyed a loyal clientele over the years providing an increased stream of revenue. The business has a showroom and offices with the remainder being used for storage of inventory. Inventory consists of thousands of event and party items with a purchase price of over $1,400,000, with a current value of approximately $435,000. They are a growing company with projected revenues in excess of $700,000 for 2013. The company has grown by more than 20% each of the last 3 years and there is no sign of slowing down. The management team is loyal, efficient and experienced in what they do. The ownership team is willing to stay on through an agreed upon transition period to share with the new owner all the knowledge they have gained through trial and error and share opportunities they see to take advantage of their competitors in this market. The current owners are wishing to divest due to other business interests and the need to concentrate on those more fully.


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