Well Established Party Rental Business Santa

Santa Cruz County, CA

Well Established Party Rental Business Santa

Asking Price:$2,750,000

Cash Flow:$500,000

Gross Revenue:$2,000,000

EBITDA:N/A

FF&E:N/A

Inventory:$2,000,000*

Established:N/A

*not included in asking price.

Well Established Party Rental Business Santa

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Business Description

Description:
Santa Cruz County Party Rentals
If you've always dreamed of living on the California Central Coast in the beautiful Santa Cruz County area and making a top-tier living…
This established full service professional party rental business has been successfully serving Clients in Santa Cruz, Monterey, Santa Clara and San Benito Counties for over 15 years. With a large base of repeat customers, wedding planners, and local organizations, they have shown consistent 20% growth with revenues exceeding $2.0m and net (SDE) in excess of $500,000. They have the largest selection of items in the county with over $2.0m in inventory including a complete selection of chairs, tables, tents, glassware, china, flatware, centerpieces, patio equipment, and an extensive supply of table linens. Employees are long term with stable, established work patterns and a strong management team and computer systems. Business has a professional showroom, 12,000 s.f. engineered distribution center, and a complete in-house laundry cleaning and press room for table linens.
Owner is retiring.

Price: $2,750,000 including all inventory

NDA, Profile, and proof of funds available required

SBA pre-approval pending

Serious, qualified buyers may inquire to:

Rex Walters, Coast Business Brokerage
Phone: 831- 239-2080
Email: scbusinessbroker@gmail.com
CA lic. # 01841628

Detailed Information

Inventory:
Not included in asking price
Employees:
25

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Rex Walters

Business Listed By:
Rex Walters

Coast Business Brokerage

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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