Listing Title: Top Rated Party Rental Business with Healthy Cash Flow
Price: $395,000
Location: Southeast Michigan
Listing ID: MI012823
Listing Status: Under Contract
THE SELLER IS MOTIVATED TO GET THE DEAL DONE QUICK!
Our firm is pleased to present fast-growing party rental company operating in western suburbs of Metro Detroit area with leading online presence, strong repeat customer base and huge unexploited growth opportunities. The company has built a stellar reputation and brand name for providing high-quality equipment and exceptional customer service. Focusing on backyard entertainment, large customer base includes individuals, businesses and schools with significant number of repeat clients.
The owner is involved in the business on full time basis. Additionally, dedicated and experienced team consists of 2 full time managers year around and 15 part time seasonal employees. Well-maintained asset base consists of large variety of updated, carefully selected rental equipment, multiple delivery trucks and enclosed trailers as well as specialized forklift and moving equipment. Top of the line user-friendly website allowing for unassisted on-line bookings coupled with fully developed processes and systems in place makes it an excellent investment either for new energetic owner/operator or an existing business in party rental or tent rental space looking to gain significant market share.
The party rental industry is a growing market, and with the right strategy and management, this business has the potential for significant growth and profitability.
Total Sales: $452,930
Cash Flow: $162,425
FFE: $318,436
Tanya Popov, CBI, CM&AP, CEPA