Profitable Party and Equipment Rental Business

Berrien County, MI

Seller Financing Available
Profitable Party and Equipment Rental Business
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Asking Price: Get Financing: N/A

Cash Flow: $166,704

Gross Revenue: $989,461

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1976

Profitable Party and Equipment Rental Business

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Business Description

For over four decades this profitable rental Company has successfully served Southwest Michigan and North Central Indiana. The Company is a full line rental store offering party/event supplies to groups and venues, as well as equipment and tools to homeowners and professional contractors. The Company’s knowledgeable and professionally trained staff are problem solvers that can advise customers on anything from how to operate a popcorn machine to earth moving equipment. A well-established market presence, diverse rental catalog, and superb core team of employees has enabled the Company to generate consistent sales and healthy profits year-after-year.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found please email info@caldergr.com and request a PDF version.

Once we receive your NDA and answers to some basic questions the Confidential Offering Memorandum (OM) will be sent to you from the project manager.

IF YOU DO NOT RECEIVE A FOLLOW UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email info@caldergr.com for support. Thank you in advance!

Detailed Information

Real Estate:
Owned
Building SF:
22,000
Employees:
8
Facilities:
Available for sale or lease.
Competition:
Investment Highlights include: 1) Long-established Company –The Company’s business model has been proven successful in nearly every economic condition imaginable over this time. Not only does it benefit from long-standing customer relationships, but it has a deep knowledge of the evolving needs and demands of the local market. 2) Diversified Product Selection and Customers-base – The Company has two distinct lines of business – party & events and contractor equipment, which represent 60% and 40% of the business, respectively. These unrelated market segments help to smooth revenue and provide overall diversification of the customer base. 3) Capable Management Team – The core management team is extremely competent and responsible. A lead manager has been with the Company for 10 years. The owners can leave for weeks at a time without having to worry about their business deteriorating.
Growth & Expansion:
Growth opportunities include: 1) Satellite Locations – The Company already does a significant amount of business in several West Michigan cities – enough that both locations may justify their own satellite stores. 2) Acquire Larger Event Tents –Company has numerous corporate clients and charity events for which the Company must sub-rent 40X60 tents. 3) More Actively and Effectively Sell Used Equipment – More actively marketing and managing the strategic sale of used equipment would be an excellent strategy for a new owner. Finding the optimal medium through which to sell off old equipment, and determining the optimal time to do this and reinvest in new would be an effective way to boost the Company’s profits.
Financing:
For qualified buyers.
Support & Training:
Provided for a reasonable transition period.
Reason for Selling:
Retirement.
Business Website:
http://bit.ly/2FVsNDV
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Max Friar

Business Listed By:
Calder Capital, LLC

Calder Capital

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