Well Established Party Rental Company in Greater Los Angeles
Los Angeles County, CA
| Asking Price: | $1,200,000 |
| Gross Revenue: | $2,365,150 |
| FF&E: | $500,000 |
| Cash Flow: | $308,000 |
| Inventory: | $5,000 |
| Established Year: | 1978 |
Listing ID: 2213147Listing provided by BizBuySell
BUSINESS DESCRIPTION
Highly recognized in the party rental industry, this company offers a wide variety of services, and in the hands of the right owner, it is poised for growth in multiple areas. With over four decades in the industry, the business is well-established, has an excellent reputation, and boasts a long-standing community presence.
The business has seen consistent growth in revenue year over year through word-of-mouth referrals. A buyer could follow multiple avenues of growth, building on the foundation set by the current owners.
DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Included in asking price
Employees
26
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
A 16,000 sf building occupies a representative showroom, offices, and a large warehouse/storage including a laundry room and plenty of parking. The business is in an excellent location close to a major freeway with ample reserved parking. All assets are well-maintained and in excellent condition.
Growth & Expansion
A strong history and superior client-focused attention to detail, dedication to excellence, a service portfolio capable of meeting any client’s program, and quality of execution differentiate this business from its competitors. A large database of approximately 16,000 contacts, including past clients and referral sources, creates a unique and strong business with huge growth potential.
Financing
Seller may consider holding a note for a well-qualified buyer for 10% of the purchase
Support & Training
Owners offer training for 8 weeks for 20 hours per week.
Reason for Selling
Owners want to retire.
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