Very Profitable Party Equipment Rental Company For Sale

Business description

Very Profitable Party Equipment Rental Company

What recession??? Revenues are up by more than 20% this year. This fun home based business rents a wide variety of party equipment (mechanical bulls & surfboards, jumpers, slides, jousts, dunk tanks, laser tag, obstacle courses, snow cone & popcorn machines, etc.) for children’s parties, church functions, corporate events, school carnivals and neighborhood events. Approximately 50% of revenue is from repeat and referral customers and wholesale services to other event planners.

The business includes a comprehensive inventory of equipment and a high margin contract for a permanent mechanical bull event at a shopping mall that is open 250+ days per year. The company has a high “natural” internet ranking due to its long time in business and its paid advertising. Google AdWords gives first page advertising location for several of its games.

The business has one full-time employee and three part-time employees utilized as regular staff for the permanently placed mechanical bull, as well as delivery and set up drivers. The independent contractor drivers are paid between $25 and $150 per event (depending on the number and size of units) plus mileage to deliver, set up and pick up the equipment.

The ideal buyer would be a Type-A salesperson who has the ability and drive to double revenues over the next 18 months. This is an ideal business for a family to operate.

General Information

Year Established: 2002

Employees: One, full-time employee/manager at a base salary of $3,350/month, including bonus. Three, part-time employees at a total cost of approximately $1,300/month, plus independent contractors at approximately $5,200/month.

Facility: Home-based with a 288 sq. ft. storage area at a monthly cost of $375. Mall rent for permanently based mechanical bull is $1,000/month.

Price Includes: Rental equipment at a current estimated value of $60,000, including a Ford F150 truck with trailer, exclusive and exhaustive web site presence for all games/services in Orange County.

Support/Training: Seller will provide training.

Reason Selling: Other business demands.

Asking Price: $285,000

Gross Revenues: 331,300

Seller’s Discretionary Earnings: 141,600

For more information on this business opportunity, please contact D. Joe Atchison.

Property information

Location:

Home Based

Other information

Support & training:

Seller will provide training

Reasons for selling:

Other Business Demands

Trading hours:

Monday-Friday

Financing available:

Seller will negotiate financing

Furniture / Fixtures value:

$60,000 (included in the asking price)