Property Details

Tent and Party Rental Business - Monroe County

Property ID : LB22.181

For Sale $165,000.00 - Rental Business

DESCRIPTION:

  • 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

 LEASE ARRANGEMENTS:

  • 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):

 

    2016      2015      2014
SALES $200,337 $191,256 $170,508
SDE $  47,224 $  64,760 $  59,782

 

PRICE/FINANCING:

  • The Asking price is $165,000
  • Seller financing is available and negotiable.

 COMMENTS:

  • 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.

Agent Lou Bellanca

Lou-Bellanca1
  • Office : 585-247-4750

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

Contact

Loading...
 

Similar Properties