Property Details

Party and Tent Rental - Rochester

Property ID : LB22.232

For Sale $725,000.00 - Rental Business

DESCRIPTION:
• A tent and party rental business
• Established in 2014 and located south of Rochester
• Currently unable to handle all business requests
• Located within a 13,000 square foot storage area, able to handle large jobs
• Working agreement with a local caterer that creates new business weekly

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• A large asset list is included in the asking price, valued around $750,000.

LEASE ARRANGEMENTS:
A lease arrangement can be worked out ar the current 13,000 sq. ft facility at $4,000 a month

SALES AND SELLERS DISCRETIONARY EARNINGS:
2018-$555,006, $189,029
2017-$500,975, $84,937
2016-$662,553, $111,662

PRICE/FINANCING:
Asking price is $725,000. Owner would consider financing with at least half down to a well qualified buyer.

COMMENTS:
This is a very profitable business for an owner /operator. A lot of the asking price is fairly new equipment that is leased out to other rental companies at times, that income can be discussed. A large built-in client base and contracts totaling over $80,000 a year will be part of the sale. This business can be grown easily but current owner is content with the income now. Additional contracts can be discussed.

Agent Lou Bellanca

  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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