Property ID : LB22.181
For Sale $165,000.00 - Rental Business
- Established Tent and Party Rental business, servicing all of Monroe County.
- Outstanding reputation with high marks for their dedicated customer service.
- Caters to weddings, parties, events, etc.
- Products include tents, tables/chairs, linens, concessions, inflatable devices and more.
- All equipment is periodically maintained and is in excellent condition.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Vehicles, Furniture, Fixtures and Equipment, with a total fair-market value of $90,000
- Gross rent for the 5,000 square foot warehouse facility is $ 575/month.
- Current lease is month to month. New Buyer can negotiate a long-term lease or move to another facility.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
|SDE||$ 47,224||$ 64,760||$ 59,782|
- The Asking price is $165,000
- Seller financing is available and negotiable.
- Easy to operate business with great margins.
- Business generates many leads through word-of mouth and repeat customers.
- According to The American Rental Association, forecast for this industry calls for revenue growth to be 6.2% in 2018 and 5.8% in 2019.