Party & Event Equipment Rental Business

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  • Primary Industry: Equipment Rental & Dealers

Founded in 2014, the well-established party and event rental company draws on over 50 years of combined hospitality experience to provide exceptional event solutions in Southwest Florida. Their personalized approach tailors services to each client's unique needs, reflected in their meticulous curation of items for the perfect event ambiance. They encourage clients to explore their comprehensive inventory of top-tier event rental options, ensuring that every detail, from tents and chairs to fine china and dance floors, surpasses expectations at their showroom. Their commitment to customer service, irrespective of event size, sets an elevated standard in the industry. As one of the few event rental companies rooted in hospitality, they possess a competitive edge to cater to diverse clientele, excelling in events of all scales. Their reputation for exceptional service has garnered local community trust, while their online presence perpetuates brand recognition. In preparation for retirement, they seek a successor who shares their hospitality-driven commitment, with substantial revenue opportunities and a robust network of partnerships for continued expansion within the region.

Financial Information

  • $799,000 Asking Price
  • $247,425 Cash Flow
  • $1,000,137 Gross Revenue
  • Negotiable Down Payment

Business Location

  • City: Confidential
  • State: Florida

Reason for Sale

  • Retirement.

Detailed information

  • Year Established: 2014
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 9
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: 35
  • Adjusted EBITDA: N/A
  • Inventory Included: No
  • Monthly Rent: $7,700
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • Building Size: 6000
  • FF&E Included?: Yes
  • FF&E Value: $386,157

Training/Support

  • Owner will provide up to 30 days training and transition as part of the sale.

Facilities

  • The business currently leases a 6000 square foot commercial space that includes a showroom, storage warehouse and offices.

Market Outlook/Competition

  • This Southwest Florida company has a large local presence and possesses the opportunities and relationships needed to further expand its operations. Its ability to cater to the growing region, coupled with the increasing number of events occurring annually, provides ample room for additional growth. Additionally, the ongoing population increase, and the rising number of facilities indicate a positive trend, ensuring a larger market potential for partnerships within the Southwest Florida region

Real State Description

  • The business currently leases a 6000 square foot commercial space that includes a showroom, storage warehouse and offices.
Business Listed by
image of Broker Profile
Edward Bell
Sunbelt of Sarasota and Bradenton, FL
Show Phone Number
Listing ID
SARASOT002-53737
License Number
SL3537326

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