MergerPlace

Profitable Entertainment Rental Company-

Texas (Collin)


  • Asking Price: $475,000
  • Gross Income: $452,256
  • Cash Flow: $172,172
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $307,429
  • Listing ID: #208012
  • Established: 2002
  • Employees: 2 FT / 22 PT

Business Description

This business has been a leading entertainment company for over 17 years. They are located in Collin County in the DFW metroplex, which is one of the fastest growing areas in the country. They have one of the most diverse selection of inflatables and entertainment equipment in any business of this size. They currently have over 80 inflatables of various styles and uses, 30 carnival games, extreme attractions, concessions and a full line of support equipment. They are one of the few companies that have a comprehensive driver certification program and event staff training program.

This company has a large base of repeat business through local schools, churches, HOA's and municipalities and is considered a major player in the regional services for event entertainment.


Business Details

Primary Business Category: Services - Other Services
Location: Texas
County: Collin

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT / 22 PT

Financial Information

Asking Price: $475,000
Gross Revenue: $452,256
Cash Flow: $172,172
FF&E: $307,429
Seller Financing Available: No

Property Information

Facilities:

The business leases a 4,000 square foot facility in the Frisco community that houses the office and equipment storage. Rent increases to $2,000 per month in July of 2018.

Growth & expansion opportunities:

This company is located in the center of the fastest growing city in America and one of the fastest growing counties in America. County population expectations are about 1.6 million by 2030 which equates to one of the two prevalent counties this company services. This is an increase of 65% of the current population. This company has a strong hold on the schools, HOA's and church communities within it's current area of focus and is beginning to reach out farther north to booming grown cities such as Celina and Prosper. The current owner has built a strong community relationship with the residents of the company's hometown, through community service and company involvement with many events. This company is viewed as a hometown company that is entrenched in the city's dynamic culture. With the current amount of core clients, community reputation and population growth, a new owner will have the opportunity to see substantial growth with the proper marketing, planning and inventory.

Competition:

Measured competition, but with their long standing relationship with clients, they have almost an automatic renewal commitment year after year. They annually update their inventory for newness and demand. The owner has a long standing business relationship with a number of competitors/industry partners where equipment is rented both ways.

Reason for selling:

Owner has built a successful business over the last 17 years and is looking to invest in new opportunities.

Support & Training:

Will train for 2 weeks @ no cost Deep inventory of bounce houses, combos, slides, obstacle courses, rock walls, trackless trains, water units, concessions, tables, chairs, and interactives.

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Business Listed By:

Thomas Foster

Murphy Business Brokers