||Employees||5 full, 8 part
* Included in Asking Price
Great opportunity to own one of Northern Virginia’s premier party rental businesses. For nearly a decade, the business has established itself as the go to source to rent a moon bounce, wet and dry slides, obstacle courses, and interactive/themed inflatable fun houses to make your party or event one to remember! The company also has a division that provides inflatable movie screens and audio-visual equipment rentals where they put on private shows for individual clients and big shows for communities and parks for the public of which they have many contracts in place with which is a guaranteed income stream for a new owner.
1. 9 years’ history of growth, growing every year
2. 50% repeat customer base
3. Low equipment utilization, there is a lot of room to grow without new investment
4. Tenured employees make operations a breeze
5. Limited downside risk – Hard assets cost over $400,000 to acquire new
6. Over $120,000 of new equipment in 2016 alone
7. Significant portion of the inventory remains under warranty
They employ a friendly and professional staff and are well-known for reasonable rates. The business has stellar reviews on popular review sites like Google, Yelp, and Facebook, so the next owner won’t have to worry about starting from scratch in building up a top notch reputation. No background in the industry is required to succeed, and the current owners will help ensure a smooth transition. The busy summer rental season is already here. Don’t miss the chance to buy this established, turn-key operation that’s poised for growth and priced to sell!
|Facilities:||The business currently utilizes outdoor storage at their residence and a commercial building where they park their vehicles and trailers, meet customers, and let equipment dry. A suitable space should be available in most areas for rent comparable to the owner’s current costs and set up.|
|Competition:||There are several competitors in this industry, large and small, but there is a lot of turnover. Each year will bring a handful of new competitors and another handful will exit the market. Most of these small businesses consist of a truck and a few inflatables to choose from. The smaller businesses last until the owner no longer wants to give up their weekends. The larger businesses with staying power command a price premium and have a much larger inventory and the infrastructure like this company.|
|Growth Potential:||This company has barely scratched the surface as there are many viable ways to continue to grow the operation. A new owner could expand the delivery zone, add more inventory, and increase advertising.|
|Training/Support:||Seller will provide necessary training and support.|
|Seller Financing:||Seller financing is available depending on the final purchase price, terms and buyer qualifications.|
|Sale Reason:||Pursuing other business interests.|
Seller Reference #HZ281DZ
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