MergerPlace

Photo Booth and Event Rentals

Florida (Miami-Dade)


  • Asking Price: $1,187,000
  • Gross Income: $1,079,500
  • Cash Flow: $404,303
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $360,000
  • Listing ID: #208322
  • Established: 2009
  • Employees: 5 FT / 25 PT

Business Description

One of the largest Photo Booth rentals in South Florida. Great portfolio of recurrent clients, including top nationwide corporations. In 2017 they did 1,600 events and in 2018 revenues to exceed $1 million. Other services include: branding activation, party rentals, charging stations, print stations, etc. Equipment value in excess of $350,000. The company owns 12 web sites in different cities that generate traffic and leads to the business. Business has been pre-approved for financing. Great staff in place. Excellent books and records.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT / 25 PT

Financial Information

Asking Price: $1,187,000
Gross Revenue: $1,079,500
Cash Flow: $404,303
FF&E: $360,000
Seller Financing Available: No

Property Information

Facilities:

The business is conveniently located in a 7,200 sq ft warehouse. Lease expires in April/2020 and there is an option to renew for 5 more years.

Growth & expansion opportunities:

The business has been consistently growing. Keeping the marketing strategy in place, keeping the quality of service and adding new products and services will guarantee a continued growth.

Competition:

This company is the largest and most reputable in the South Florida Market. It differentiates from others through the quality of their service, their equipment and their variety of products and services.

Reason for selling:

Looking for a change after many years in the industry.

Support & Training:

Will train for 2 weeks @ no cost Managerial skills are important to run the operation. Logistics is an important part of the business.

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Business Listed By:

Andy Fischer

Murphy Business Brokers