Status: Sold
Successful Party Rental Equipment Company - Listing #: 53737
Listing No: BBF-966-53737 | |
Public Pictures: |
Category | : | Rental Business | SIC | : | 7359 | |
Detail | : | Rental Party Goods | Price | : | 799,000 | |
County | : | Lee | Down | : | 799,000 | |
State/Prov | : | Florida | Disc Earn | : | 211,779 | |
Country | : | USA | Sales | : | 1,000,137 |
Successful Party Rental Equipment CompanyFounded in 2014, this 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. |
Reason for Sale | : | Retirement |
General Location | : | Southwest Florida |
Organization Type | : | 'LLC' Hours Owner Works: 40 |
: | Years Established: 9 Years Owned: 9 Emp FT: 9 Emp PT: 1 Mgrs: 2 | |
Non Compete | : | Miles: 125 Years: 3 Weeks Training: 4 Cost: $0 |
Operating dys/hrs | : | 9AM-4PM (OFFICE) 7AM-12AM (DELIVERY) |
Skills/Licenses | : | Local Municipal Business License |
Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
Data Source | P/L Statement | P/L Statement | ||
Year (Cash Flow) | 2022 (N) | 2021 (N) | (N) | |
Gross Revenue | 1,000,137 | 829,483 | 0 | |
Cost of Goods | 479,808 | 269,365 | 0 | |
Gross Profit | 520,329 | 560,118 | 0 | |
Expenses | 351,020 | 465,441 | 0 | |
Net | 169,309 | 94,677 | 0 | |
Owner Salary | 31,200 | 19,000 | 0 | |
Benefits | 0 | 0 | 0 | |
Interest Expense | 2,416 | 0 | 0 | |
Depreciation | 8,854 | 136,294 | 0 | |
Other | 0 | 0 | 0 | |
Discretionary Earnings | 211,779 | 249,971 | 0 |
Accounts Rec | 0 | N* | Real Estate | 0 | N* |
Inventory | 0 | N* | ___________ | 0 | N* |
F F & E | 386,157 | Y* | Total Assets | 386,157 | Y* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: 7700 | Square Footage: 6000 | Building Type: Commercial |
Terms & Options: Negotiable | Expiration Date: 10/15/2026 |
Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
EDWARD BELL | Office | : | (239) 849-9334 | |
ASSOCIATE | Fax | : | ||
Home | : | |||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (941) 667-1616 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | ebell@sunbeltnetwork.com | ||
USA | Home Page | : | sunbeltofflorida.com |