Party Rental Business Near Queens and the Bronx, NY
New York
| Asking Price: | $1,669,000 |
| Gross Revenue: | $2,543,276 |
| FF&E: | $500,000 |
| Cash Flow: | $400,121 |
| Rent: | $13,000/Month |
| Established Year: | 1984 |
Listing ID: 2263766Listing provided by BizBuySell
BUSINESS DESCRIPTION
A full-service rental company with a focus on friendly and personal service for the right piece(s) for the largest of events. An amazing percentage of that business is repeat business such as: schools, hospitals, charities, corporations, churches, and individuals hosting the same events that have previously used the rental company. This being possible because of the customer service received comes directly from one of the owners that strive to always provide good and friendly service. Whether that be taking orders or to help plan the events catered for.
DETAILED INFORMATION
Location
New York
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
12,000
Lease Expiration
22/07/2031
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Tents
Tables
Chairs
Barricades
Stages
Dance Floors
Dishes
Glasses
Commercial Dishwasher
8 Delivery Trucks, 1 Van, and 1 Car
Growth & Expansion
With orders obtained in three states, the potential for expansion knows no bounds. Collaborating with the current owners and continuing to grow the business is a profitable way of transition as it allows the repeat customers, that make up a loyal base of business; to meet the new owners and still feel familiar with the company and those they’ve been working with for year(s).
Support & Training
Negotiable 6-12 weeks
Reason for Selling
Retirement
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