MergerPlace

Large Party Rental Store

Ontario


  • Asking Price: $499,000
  • Gross Income: $955,116
  • Cash Flow: $241,623
  • Real Estate: Not Disclosed
  • Inventory: $1,640
  • FF&E: $402,000
  • Listing ID: #197094
  • Established: 1979
  • Employees: 6 FT/ 4 PT

Business Description

Established business (30 plus years) in a growing community. Growing revenue base and earnings. Well known with a very good reputation.


Business Details

Primary Business Category: Rental & Leasing Services
Location: Ontario

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT/ 4 PT

Financial Information

Asking Price: $499,000
Gross Revenue: $955,116
Cash Flow: $241,623
FF&E: $402,000
Inventory: $1,640
Seller Financing Available: No

Property Information

Facilities:

The business is currently in a 5,000 sq. ft. building with an additional 2,000 sq. ft. warehouse for storage. The new owner will need to locate a new location to move the business. The move to one location would allow for increase efficiency in the flow of inventory and operations.

Growth & expansion opportunities:

Expansion of web presents social media, automation of processes, the introduction of complementary services and supplies.

Competition:

No competitor in the city.

Reason for selling:

Ready to Retire.

Support & Training:

Will train for 4 weeks @ no cost. No licenses required. Skills required: Customer service, time management, organization skills and staff management.

Contact Business Seller

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Business Listed By:

Greg Wood

Murphy Business Brokers