Reduced Event Rental Biz - Top Rated in DC, VA, MD, NY

Listing Number: 18009-261603

Description

Premier event planning business operating in New York, Maryland, DC, and Virginia for sale. The Business is being offered on a fully turnkey basis with all assets, which includes all the very professional marketing collateral, website, list of customers and vendors and the existing book of contracted events and weddings will be transferred to the buyer at closing of a transaction. High levels SEO results due to owner’s hyper focus for online marketing. This area has a huge market for weddings, parties, business meetings, conventions, concerts, and all kinds of special events.
The business provides high quality rental equipment, equipment sales, and event planning services for events of all sizes and types, such as weddings, festivals, and galas. This business boasts a massive inventory worth nearly $1.6M. Inventory well organized in a database and the warehouse is kept extremely clean. Loyal employee and experienced employees help run this business successfully.

Parties and events are planned 6-12 months in advance so a new owner could realistically begin taking reservations right now, accepting 50% advance fees to hold those future dates. Even with the current Covid-19 crisis, this is really an excellent opportunity for someone to step in and prepare for an extremely successful future as the current business owner has recurring clients from their successful past performance.
Inventory not included in the price of the business. Business Inventory Price: $1.6M – the variety of products and services for unique clients is extremely important for this industry.

Please contact us to get our incredibly detailed Confidential Business Profile which shows all business and tax return based financial information.

Listing Details

  • Price: $500,000
  • Down Payment: $300,000
  • Sellers Discretionary Earnings: $343,867
  • Total Sales: $1,701,160
  • Location: Loudoun County, Virginia

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Other Business Interest
  • Category: Rental Business
Reduced Event Rental Biz - Top Rated in DC, VA, MD, NY

Contact Agent:

Melissa Patel