Loading Contents...
Listing No.: 200-20175
Category: Leisure/Entertainment
Asking Price | $955,740 |
Down Payment | |
Gross Revenue | $914,098 |
Total Adjusted Net Income | $330,056 |
Equipment / Fixtures | $923,175 |
Year Established | 1996 |
General Location |
Over 20 years established event equipment rental business with very nice profit margins. Equipment that is being rented includes: inflatables, casino tables, photo booth, concessions, etc, etc.... The equipment has been meticulously maintained They also service each event with trained staff. Seller has set up partnerships established with Schools, Churches and Corporations and has signed contracts already in place for 2021. There is a general manager in place that has been there for over 20 years, but the Seller is still actively involved in the business
Gross Revenue | $914,098 | Listed Price | $955,740 |
Total Income | $330,056 | Down Payment |
Base Rent | $5,400 | Square Feet | 5200 |
Total Rent | $5,400 | Lease Expiration | 10/2023 |
Rent Deposit | $5,400 | Lease Options |
Inventory | Leasehold Improvements | $0 | |
Equipment / Fixtures | $923,175 | Other Assets |
Full-Time Employees | 6 | Training Period | 2 weeks, willing to be involved longer if needed or wanted |
Part-Time Employees | Special License Required | ||
Contract Staff | 40 | Reason for Selling | Other business Interests |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.