Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business For Sale. The Best Party And Tent Rental Company In New York

LISTING DETAILS
Firms For Sale ID:
33202
Vendor reference:
C1110911
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
$8,495,000  
Turnover / revenue:
$6,870,000
Net profit / cashflow:
$2,112,000
Years established:
1985
Trading hours:
8-5 M-F
Number of employees:
90
Employees / staffing:
Full Time: 60 / Part Time: 30 Managers: 2

OTHER DETAILS
Reason for selling:
RETIREMENT
Financing available:
NEGOTIABLE
Support and training:
COMPLETE TRAINING PROVIDED
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Lease Expire: 0000-00-00 Option: YOU MAY PURCHASE OR LEASE THE BUILDING Lease Security: 0 Monthly Rent: $ 35,000 Square Footage: 30000 Type of Location: Stand Alone Facilities: A BEAUTIFUL BUILDING WITH A 20,000 SQUARE FOOT FOOTPRINT AND 10,000 SQUARE FOOT SECOND FLOOR.The building contains offices, showrooms, warehousing and staging areas for all events. EQUIPMENT INCLUDES: ALL KINDS AND SIZES OF TENTS, CHAIRS , TABLES, DANCE FLOORS, HEATING EQUIPMENT , COOLING EQUIPMENT , GENERATORS, LIGHTING, DINNERWARE, CHINA AND GLASSWARE, FLATWARE, SERVING EQUIPMENT AND TABLETOP, LINENS, BARS AND ACCESSORIES, MISC. ACCESSORIES, COOKING EQUIPMENT, BARBECUE EQUIPMENT AND TOOLS, CONCESSION EQUIPMENT, ASSORTED PARTY SUPPLIES AND OTHER MISCELLANEOUS ITEMS. NOTE: THE BUILDING IS NOT INCLUDED IN THE PRICE ABOVE. It is estimated to be worth $5Million and can be purchased separately at an updated independent appraisal price.
 
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BUSINESS DESCRIPTION
THIS IS THE BEST PARTY AND TENT RENTAL COMPANY IN METRO NEW YORK WITH 82% RECURRING REVENUE. They Service Major Interstate clients and all Major Clients including, City and State Municipalities, Charities, Universities, Schools and Major Event Companies, Major industrial and Business Clients and A Host of other Interstate venues.

In over 30 years, the Company has grown from a local Company to an Interstate Provider of Complete Event Services. These High Profile Events range from the most Intimate Wedding for 75 Guests to tented fundraisers with 1500 Guests and seating for 30,000 at a Major University Commencement.

Special Event Planners rely on this Company because of the reputation they have built for their High Quality equipment and Service.

They have dedicated personnel with an average 12 year tenure who love what they do. The Business can be Easily Grown without adding additional permanent space.

Expansion Potential
UNLIMITED

Market / Competition / Non-Competition Agreements
VERY LIMITED