Party Rental Business - Stable Cash Flow

South East

Seller Financing Available
Bounce House Fun!

Asking Price:$749,000

Cash Flow:$257,139

Gross Revenue:$1,179,302





Party Rental Business - Stable Cash Flow

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Business Description

Party rental business providing complete setup and operation of amusement rides, activities, games, and entertainers for school and church fundraisers, festivals, carnivals, corporate events, birthday parties, and other special events. Typical party rental items include bounce houses, slides, carnival rides & games, as well as, clowns, ponies and other live entertainers. Solid management in place.

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Detailed Information

4-36 -seasonal
The Company has a full array of party equipment, all included in the sale. All equipment is stored in a warehouse facility at the company headquarters. The warehouse is approximately 4,100 sqft., with another 1,300 sqft. of office space (total 5,400). Warehouse includes 4 bay doors, 1 loading dock, and 5 Carolina Carports for trailers in the gravel lot (entire site = 1.5 acres). Facility can be leased to buyer at current market rate.
While there is competition, the company has attained a large enough scale to bid on and execute events of a size that smaller competitors cannot handle. The amount of equipment is varied and extensive.
Growth & Expansion:
Organic growth in the local area is very attainable in this high-growth, high-income region. Additionally, there are numerous opportunities to grow the company through related services, such as more formal corporate events (tent, table/chair, equipment rental), weddings, and other more formal events. Adding an event planner could also be another line of business that would naturally feed the equipment rental division. More direct marketing, increased marketing in general, a new more modern website, and other marketing improvements would offer new and improved avenues for growth. A dedicated event marketer, making calls to corporations, associations, and attending networking events could also generate significant new business. As the business grows, it would have the equipment and staff to be able to handle larger events, which should allow for bigger margins, as larger events have fewer competitors that can service them.
limited seller financing to strong buyer
Support & Training:
Seller will provide training and support for a reasonable period of time. Current office manager is excellent, and will remain with the company. Long-time field manager is also excellent, and will remain.
Reason for Selling:

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Robert Malt

Business Listed By:
Robert Malt

Malt & Company

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