Profile: Very Profitable Party Rental.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Jeff Hoops, Broker
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| Primary Phone: |
805-227-0590 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/24/08 |
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| Date Last Revised: |
9/24/08 |
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| BizBen Ad #: |
110107 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$765,000 |
| Down Payment: |
$250,000 |
| Annual Revenue: |
$635,000 |
| Annual Adjusted Net: |
$198,992 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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No Recession Here. 2008 Looks As Good As Last Year For This 27 Year Old Co. This Company Is Practically An Institution. It Gets Called First By Party Planners And Individuals Or Corporations Needing To Plan, Corporate Events, Weddings And Festivals. The Equipment Inventory On Hand Allows For Parties Of Up To 500 People. Everything Is Covered From Linens And Silverware To Cotton Candy Machines.
Trading Area Is Central Coast Of California
Customers Are Party Planners, Individuals And Corporations
2 Competitors Within The Competitive Market Area.
Untapped Opportunities- The Retail Side Of Party Merchandise Has Not Been Fully Exploited And There Has Never Been Sales Calls Placed To Corporations To Solicit Their Events.
Advantages-Inventory Allows Them To Service Larger Events Than Anyone Else. This Is A One Stop Shop. The Owners Can Go On Vacation For 2-3 Weeks And The Business Runs Fine.
Long History Of Profitability And Stability
Acquirer Is Husband And Wife Team With New Energy-High Net Worth Individual Or Competitor From Out Of The Area Wishing To Fill In This Geography
Facilities 6,750 Sq. Ft With Retail, Offices And Warehouse And Storage
2007 2006 2005
Annual Revenues 640,000+/- 652,172
Sde 198,992
Reason For Sale Retirement.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jeff Hoops, Broker at 805-227-0590 |
See All Our Other Businesses For Sale We Have Available
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