Lucrative Wholesale Tent Leasing Co. For Sale

Business description

Very successful, fifty year old wholesale Commercial Tent leasing company located in Morris County, New Jersey. The business leases large commercial tents to major companies, hotel, auto dealers and other corporations. The business has an excess of 200 tents and multiple vehicles which are included in the sale. This particular business has an experienced crew and over 40 years insuring safe and professional services. The current owner is retiring and will train and remain after the closing. This is an excellent business due to the limited amount of competitors. The tents range in all sizes and colors so as to meet the particular needs of the clients. The business is also a manufacturer of tents and can produce any size or shape tent with a substantial profit. This business does not offer residential tent leasing which if implemented could further improve the bottom line income. This is a very unusual business opportunity due to the limited competitors and unusual inventory that is included in the asking price. The business has a solid and consistent income with substantial growth potential.

Property information

Real Estate:

Lease

Lease terms:

An existing lease with a very reasonable rent is available for the new owner with additional options.

Location:

Business consists of 16,000 square feet with two buildings for storage of the tents.

Other information

Expansion potential:

The business is presently limited to a specific area of Northern New Jersey. With an updated marketing plan, this business can be substantially increased into other territories.

Competition / Market:

There are a very limited number of competitors in the North East US area.

Support & training:

Seller will provide a full due diligence and transitional period.

Reasons for selling:

Retirement

Trading hours:

Five Day Operation 8:00am-5:00pm

Financing available:

This business has been pre qualified and approved for SBA financing.

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$500,000 (included in the asking price)