Wedding/Event Rental Company with RE

Maine
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Asking Price:$4,500,000
Gross Revenue:$800,000
Real Estate:$3,000,000
Cash Flow:$425,000
FF&E:$1,050,000
Established Year:2010
BUSINESS DESCRIPTION

Start making money on day one!

The class of Western/Central Maine! This event rental business carries everything from tents to tables to linens to silverware. Already two-dozen bookings for 2025, the company not only supplies and sets up the venues, but they also provide layouts with their software so clients can "see" what their dream events will look like.

They offer a variety of equipment and supplies for rent, including tables, chairs, linens, tents, dance floors, stages, lighting, and bars. Customers can rent these items for weddings, parties, corporate events, and other special occasions.

They also offer tableware and catering equipment such as plates, glasses, flatware, and serving dishes, as well as catering equipment like chafing dishes, beverage dispensers, food warmers and ovens.

Also offered are consultation services to assist customers in choosing the right items, colors, and designs to suit their event's theme and style.

An experienced and professional staff is in place that can easily scale up or down depending on the season. They provide delivery, setup, and pickup services, ensuring items are properly installed and removed after the event.


DETAILED INFORMATION
Location
Maine
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
24,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
24,000 square-foot showroom and warehouse that sits on two acres of land.
Competition
Maine is known for its destination weddings. Although there is competition, none match this company's quality and organization. They have established relationships with several event/wedding coordinators and caterers.
Growth & Expansion
A new owner can easily double sales. Location is very scalable.
Support & Training
Sellers are willing to stay on for the 2024 event season for a mutually agreed upon salary.
Reason for Selling
Retirement
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Michael
Schnur
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Michael Schnur