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Turn-Key Coastal Carolinas Party Rental Business

New Hanover County, NC

Seller Financing Available

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Asking Price:$195,000
Gross Revenue:$172,218
Established Year:2011
Cash Flow:$76,753
FF&E:$55,000
Listing ID: 2189723Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well-established party rental business opportunity for sale. This coastal Carolinas business has a strong reputation, has been operating for over ten years, and has many recurring clients. This business is completely turn-key, with future bookings already on the calendar.

This business is one of only a few locally that are fully insured. They cater to individuals, businesses, schools, churches, festivals, and other non-profit entities.

The business has future bookings on the calendar. Many bookings are annual repeat clients. Those repeat clients range from churches, schools, businesses, community centers, festivals, and more.

They recently added more rental options (tents, tables, chairs) to upsell and help push per-event revenue up.

This is the perfect business for a couple or someone semi-retired looking to own a business with great long-term opportunity.

A new owner could increase traffic by implementing a full marketing plan.

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business is primarily home-based and uses a self-storage facility for equipment.
Competition
This business only has a few legally operating, fully insured direct competitors. They experience some competition from small fly-by-night operators. This company can differentiate itself from its competition by properly operating as a business entity and being fully insured. This allows them to work with businesses, schools, churches, festivals, and other non-profit entities that require full insurance.
Growth & Expansion
A new owner has great opportunity to grow an already strong demand by implementing a full marketing strategy. Also, a new owner has opportunity to expand and grow its service offerings.
Financing
$19,500 down/$19,500 over 120 mos. @ 11.25%/Other Financing.
Support & Training
Will train for 4 weeks @ $0 cost. The owner is flexible with training & transition.
Reason for Selling
Owner is looking to retire and move out of the area.
Home-Based
This business is Home-Based
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Ben Shaw
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