Well Established Party Entertainment Business for Sale
Charleston County, SC
Sale Pending
| Asking Price: | $420,000 |
| Gross Revenue: | $571,471 |
| Established Year: | 2007 |
| Cash Flow: | $150,506 |
| FF&E: | $308,000 |
Listing ID: 2282738Listing provided by BizBuySell
BUSINESS DESCRIPTION
Recreational Inflatable Rentals
Excellent opportunity to own or acquire a recreational inflatable rental entertainment business. The business offers over a hundred choices for outdoor entertainment. The business will rent, set up, and break down its equipment for an entertaining and memorable event. The owner manages day-to-day operations and maintains relationships with customers.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business offers to rent (owner-owned) an approximate 2,000 sq ft warehouse located within the very hub of their ideal customer base. The monthly rental is offered at $3,000. This allows for the storage of the vast inventory of rental equipment. This business is easily relocatable as there are many rental office locations in the area. The real estate is being offered through Murphy Business & Financial - Carolinas, LLC.
Competition
There are competitors in the industry; however, most do not offer the selection, insurance coverage, updated inventory, and cleanliness. They currently do not travel out of the immediate area and often have a waiting list. The industry is growing and the area, with a high disposable income, has abundant demand for outdoor entertainment. The climate is ideal as the area is warm with mild winters.
Growth & Expansion
The area is an ideal location for outdoor recreational equipment rentals. The opportunity to open a hub location 45 minutes away exists and could double the business. Currently, the coastal market is very popular and there is an enormous influx of people relocating to the area.
Financing
$42K down/$42K over 120 mos. @ 6%/Other Financing.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
The owner is selling to pursue other business interests.
Home-Based
This business is Home-Based
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