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Event Rental Company
Location: United States -> Colorado -> Larimer County
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This well established event rental business for sale in Colorado offers a variety of special event rental and party rental items including tents, canopies, tables, chairs, linens, concession equipment, dishware, flatware, staging equipment, audio/video equipment, furniture, games, lighting and more. They deliver, set-up and then take down when the event is over. All rental inventory, delivery vehicles, furniture, fixtures, parts, resale inventory, computer equipment, software, etc. totaling over $1,000,000 (original cost) are included in the sale. Since 2014, the company has invested nearly $200,000 in new rental inventory to fuel continued growth. There is plenty of room to grow as the company recently expanded its showroom and warehouse facility which is now capable of supporting up to $1.5 MM in revenue. And, there are numerous opportunities for growth, starting with an outside sales effort. Currently, business comes from repeat customers, word of mouth and website SEO.

Customers are homeowners, corporations, universities, non-profit organizations, event planners and wedding planners. There are 4 lead employees who the owner empowers with responsibility and some level of authority over their respective departments. They all utilize an industry standard software package for routing each day's deliveries and to keep track of the rental inventory. Northern Colorado is home to 2 major state universities, has over 500,000 residents and the population is expected to more than double during the next 20 years. This may well be the best party rental business for sale in Colorado today. If you want to buy an event rental company for sale in Colorado or, more specifically, you want to buy a party rental business in Northern Colorado, contact us today.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $772,000
Cash Flow:   $195,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,000,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As negotiated
Reason For Selling:  Retirement

Photos

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Event Rental Company Photo 1




Print Listing Id: 700286952
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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