Party Planning and Rental Company
- California
- Riverside County
Asking Price: $ 1,750,000
Cash Flow: $120,000
Gross Revenue: $600,000
FF&E: $4000000
Inventory: $
Year Started: 2005
Business Description
One of Southern California’s premier party planning companies is now available. This company has built a very successful business model and client base over the past two decades, yet there is still significant potential for expansion. In addition to doing weddings, this company also does many large corporate events and private rentals. They have a beautiful showroom with expert consultants on staff to meet all the customer needs. This company has been in business for almost twenty years and has a stellar reputation for their good equipment and great customer service.
This company comes with almost Four Million Dollars worth of assets including; trucks, tents, chairs, and other equipment. They have a great website and incredible social media presence that will of course transfer to the new owner. The staff is willing to continue working for a new owner. The current owner is just older and is turning down business because they are tired. What makes this deal even sweeter is that the owner is willing to do owner financing and carry up to a fifty percent seller note for the right buyer. The owner will also stay on for a couple of months to ensure a smooth transition.
Detailed Information
- Location: California
- Industries: Entertainment & Recreation
- Real Estate For Lease: 6000
- Building SF: 8000
- Employees: 4
- Age of Business: 20
- Reason for Selling: Retirement
- Seller Financing: Yes
- Established After Year: 2005
- Real Estate for Lease: 6000