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A to Z Party Rentals and The Party Store

Salem, OR
Asking Price:$890,000
Gross Revenue:$1,636,000
EBITDA:$260,982
Established Year:1984
Cash Flow:$282,753
Inventory:$1,200,000
Real Estate:$2,100,000
Listing ID: 2207547Listing provided by BizBuySell
BUSINESS DESCRIPTION

Exceptional Opportunity to own a well established Business.

Two store location business that provides party supplies and equipment for every event you can imagine.
A large inventory of supplies and equipment are rented out on a daily basis. Delivery and set-up are available as needed. Salem store is located in real estate owned by the seller and can be purchased or leased depending on buyer's needs. The Albany store is in a leased facility and is part of a retail strip center. A conditional commitment has been presented by an SBA lender based on the P&Ls attached hereto. The seller will carry secondary financing based on SBA requirements. The inventory and equipment value is estimated by the owner to be worth about 1.2 million but is included in the asking price of the business.

ATTACHED DOCUMENTS
A to Z repriced.pdf.pdf Download
DETAILED INFORMATION
Location
Salem, OR
Inventory
Included in asking price
Real Estate
Owned
Building SF
18,700
Employees
17
Facilities
A to Z Party Rentals business has two retail stores, one in Albany and one in Salem. The Salem facility is the larger of the two and both stores have ample storage and warehouse space to store the equipment and inventory that is leased to the public on a daily basis. A partial list of equipment and inventory can be provided but the number of items is too numerous to provide an actual inventory. Both stores have retail display areas for customer's selection. The customer list exceeds 100,000 and is all computerized, mostly repeat customers.
Competition
A to Z is the largest and oldest provider of Party and Event supplies in the mid-Willamette valley. They are so well established that very little advertising is necessary.
Growth & Expansion
The Portland market is probably ten times the size of Salem and customers from Portland frequently use A to Z as opposed to a competitor closer to Portland. A store location there would undoubtedly be something a new owner would want to consider. To acquire an event facility would also allow for a new revenue generating source.
Financing
SBA loan available based on P&Ls
Support & Training
Owner will stay on to train the buyer.
Reason for Selling
Retiring after 25+ year career.
BUSINESS LOCATION
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Chuck Kimball
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Chuck Kimball
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