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Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
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PHILADELPHIA TENT AND PARTY RENTAL COMPANY
(Rentals, Party Rentals, Rentals, Equipment Rentals; Rentals, Party Rentals; Rentals, Rental Centers; Services, Event Compani)
Philadelphia, Pennsylvania
Listed Price: $ 350,000
Listing ID: XC6660621

Listing DetailsDown Payment: $ 175,000
Cash Flow: $ 197,000
FFE: $ 112,000 (Included in Price)
Inventory: $ 50,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:

RETIREMENT


Training & Support:

SELLER WILL COMPLETELY TRAIN


Listing SummaryBusiness Description:

THIS PROFESSIONAL TENT AND PARTY RENTAL COMPANY HAS BEEN IN BUSINESS FOR ALMOST 20 YEARS. THEY ARE EXTREMELY WELL ESTABLISHED AND IS WELL KNOWN FOR THEIR PROFESSIONAL SERVICE , PROVIDING TENTS, TABLES, CHAIRS, STAGES, ETC. FOR ALL OUTDOOR EVENTS.


Historical Summary:

IN BUSINESS FOR ALMOST 20 YEARS.


Owner Qualifications:

BUSINESS AND MARKETING EXPERIENCE HELPFUL


Competition:

This rental Business has built a reputation throughout the years for being professional and punctual establishing relationships with clients for years of recurring business. The competition is very minimal with plenty of room to grow in the surrounding areas.


Potential Growth:

UNLIMITED


Financing/Terms:

NEGOTIABLE


LocationLease Expire: 0000-00-00
Option: USES PUBLIC STORAGE FACILITY and 800 SQUARE FOOT GARAGE
Lease Security: 0
Monthly Rent: $ 700
Square Footage: 1300
Facilities:

THE COMPANY USES PUBLIC STORAGE AND THAT IS SUFFICIENT AND KEEPS COSTS DOWN.
THE COMPANY ALSO HAS AN 800 SQUARE FOOT GARAGE.


OperationYear Established: 1992
Days & Hours of Operation: M-F 8-5 SAT 8-4 SUN 9-1
Owner Hours: 30
Employees: Full Time: 2
Managers: 1
Absentee Owner: No