37353- Event Rental Business for Sale
For Sale in TX
Financial & Assets Details
About the Business
Business Description
Business Description
Operating from its headquarters in south-central Texas, this business specializes in leasing a variety of equipment and linens for parties and special events. The Company’s primary rental inventory includes linens, dinnerware, tents and canopies, tables and chairs, stages, and dance floors. The Company operates from a facility which includes warehouse and office space. Offering these services requires adequate storage space, rental equipment, delivery vehicles, and personnel. The Company has a proven track record supported by testimonials written by customers over the years. With its broad range of products, the Company’s marketing efforts focus on targeting event planners, businesses, non-profits and individuals within a 30 to 40-mile radius. Revenues have been stable over the past five years with no significant change in revenue. With a large customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones.
This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Established approximately 20 years ago, Each of the following revenue sources accounts for approximately one-third of revenues: Consumers through Event Planners, Corporations such as Oil & Gas Industry, Non-profit organizations. The Owners believe the Company’s long standing reputation, equipment inventory and customer base represent a significant opportunity for an individual looking for a long term job opportunity. According to the owner, an opportunity exists to grow the business by hiring an internal Certified Event Planning Representative (CEPR.)
Growth & Expansion
Key employees will most likely stay on after the sale. The owner will be available for a reasonable transitioning.
Seller Financing
Negotiable for the right buyer
Location Details:
The Company operates from a 3,250 square foot facility with a 1,000 square foot shop, 1,600 square feet of storage, 1,500 square feet of work area, and a 150 square foot office. The Company leases the building on a month-to-month basis. According to the owner, the facility is in excellent condition, zoned for commercial use, and is capable of handling additional capacity. Show Less
Support & Training
Key employees will most likely stay on after the sale. The owner will be available for a reasonable transitioning.
