N989-JGG

Health issues force sale of well-known business. The company specializes in event and party equipment rental through multiple company owned outlets. This is a great opportunity for a person or company to continue to expand upon the tremendous platform that is already in place, serving event needs small and large, over a multi-state area.

This great opportunity also has the ability to manufacture much of its own inventory and several outside product lines. The Company’s manufacturing capacity is far greater than current utilization, which provides even more upside.

This business continues to grow its well-known brand through word of mouth and long-term relationships.

A new buyer could grow the business by implementing a more aggressive advertising and promotion campaign, modernizing systems/processes, and adding a defined sales engine.

Priced below estimated asset value for a quick sale and an excellent return on investment.

Asking Price: $6,500,000

Furniture Fixtures & Equipment: $6,200,000

Inventory: $14,714

Real Estate:  $2,065,000

SDE*: $996,513

* SDE (Seller’s Discretionary Earnings= Sum of profits plus provable, discretionary add backs to demonstrate the amount of money available to a buyer to pay for the purchase of the business and earn a living)

 

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