Tent & Party Rental Company in Central Maine

Price: $220,000

Location: Central Maine

Industry: Service Businesses

Listing ID: CM112221

Are you ready to party?  Weddings, graduations, corporate events, county fairs, family reunions – for any event that needs tents, tables, chairs and dance floors and DJ equipment, this company has it all!

After 26 years in business, they have a solid book of repeat business and expect at least $60,000 in booked business by the beginning of the season (April 2024), with much more to come throughout the season.

The company boasts 5/5 stars on Google and has an excellent reputation that a new owner can build upon.

The season runs from late April through November.  That means you can spend winters in Florida or stay right here in Maine for snowmobiling, skiing, ice fishing, etc.

This business serves the state of Maine from Portland through Bangor, including Mid-coast and is easily relocated.

Financials

Purchase Price: $220,000
Cash Flow: $122,000
Gross Revenue: $250,000
Inventory: $220,000 (included in the sale price)
Real Estate: $450,000 (might be available, incidental to the sale of the business, subject to commercial appraisal)
Employees: 1FT, 4 PT (Seasonal)
Founded: 1998
Reason for Sale: Retirement

Opportunities for growth:  Consider expanding into more towns.

Training: The seller will assist with the transition.

 

Note: Financials are seller-provided and not audited by Inbar Group ,Inc.

Listing Details

Gross Revenue: $250,000

Cash Flow: $122,000

Inventory: $220,000 (Included in Price)

Real Estate: $450,000

Terms and Conditions?:

Real estate might be available, incidental to the sale of the business, subject to commercial appraisal.

Reason For Sale:

Retirement

Training & Support:

The seller will assist in the transition and training.

Operation

Year Established: 1998

Employees: 1 Full-time, 4 Part-time (seasonal)

Location

Relocatable?: Yes