Event Rental Business with 20 years of history
| Asking Price: | $175,000 |
| Rent: | $2,170/Month |
| FF&E: | $140,600 |
| Gross Revenue: | $208,268 |
| EBITDA: | $32,776 |
| Established Year: | 2002 |
Pleased to meet you... and to set your table!
A unique tabletop rental business in the small town of Orange in Central Virginia is for sale! We are located in a historic leased building with a broad inventory of china, glassware, flatware, linen, and catering equipment. We offer nine different china patterns, eight glassware patterns, six patterns of flatware, a multitude of tablecloth options, and also a unique collection of mismatched vintage china. We can set your table with any one of a hundred combinations - from rustic to elegant and everything in between.
With nearly 20 years under our belt we have solid partnerships with other vendors in the event industry and many repeat customers. Our focus is on details and personalized customer service, because planning an event is a personal matter. We urge folks to come into the showroom and look at all of our options firsthand. We will set a table any number of ways until your vision comes to life.
We serve a large area in Central Virginia - from Orange County to Albemarle County and beyond to the south, Madison and Greene Counties, Culpeper and Fauquier counties to the north, and the Shenandoah Valley. Our region is filled with many venues, new ones opening all the time.
Our warehouse is over 10,000 square feet, on three floors, with a showroom on the street level. It is complete with shelving, commercial dishwasher (leased), and two delivery vehicles (box truck and delivery van). A lead employee of eight years does the deliveries and manages the processing of the rentals, including management of the warehouse, and may be willing to stay under new ownership.
There is great growth potential for this business, as the current owner is at retirement age and has been running it status-quo. New energy and marketing efforts could grow this business quickly. The main competition in the area is one rental company in Charlottesville (25 miles), two in Manassas (65 miles), and one in Stafford (45 miles).
Beggars Banquet has a solid reputation - for fair pricing, attention to detail, and efficient delivery. Our name is known in the event industry in the area and there is incredible potential to grow this business!
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