Event Rental Business

32 year old event rental company with a stellar reputation servicing Broward, Miami-Dade, Monroe, Palm Beach and Martin counties is for sale. They can handle any type of event - Weddings, family gatherings, business & charity events and parties big & small. They also provide tents for businesses selling holiday items (Xmas trees, fireworks).

They can provide any item needed for your event such as tents of all sizes, flooring, pool covers, platforms, stages, tables, chairs, lighting, air conditioning & heating units, bars, bleachers plus party supplies & decor. Their extensive experience leads to beautiful and uniquely crafted events resulting in 32 years of satisfied customers.

The owners are willing to stay on to assist with training & transition. Business also has a manager, several crew leaders and 25-45 employees depending on the time of year.

20,000 sf of office and warehouse space in an industrial park. 15 trucks and all equipment included in the sale. Real estate is available for sale or they will lease space to new owners.

Down Payment: $2,500,000

Total Sales: $4,181,798

Cash Flow: $1,087,638

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $1,000,000

FFE Included: Yes

Inventory: N/A

Year Established: 1991

Year of last Acquisition: 1991

Days & Hours of Operation: Mon-Fri 8:00-5:00; some weekends in Q4

Owner Hours Per Week: 40

Non-Owner Payroll: N/A

Employees: 45

Managers: 1

Absentee Owner: No

Real Estate: N/A

Monthly Rent: N/A

Type of Location: Warehouse

Square Footage: 20000

Reason For Sale:

Retirement

Training & Support:

2 weeks at no cost

Financing/Terms:

$1,000,000 of seller financing is available for qualified buyers at 8% for 5 years.