Growing Event Rental Company with Extensive Inventory
$350,000
Long lease in place
The current lease runs for several more years.
Training included
The seller will help you get up to speed after closing.
About this business
Established event rental and décor company serving the Greater Boston area, specializing in weddings, corporate events and private celebrations. The business combines full-service event décor with an extensive rental collection built through years of reinvestment. With strong revenue growth, established operations and a substantial inventory of furniture, structures, florals and specialty décor, the company offers a turnkey opportunity with significant potential for expansion.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$350,000
- Annual Revenue$428,124
- SDE$75,722
- 4.6×
- Price to SDE
- 0.8×
- Price to revenue
- 18%
- SDE margin
- Approximate FF&E
- $150,000
Details
- 2022
- Established · 4 yrs
- 3
- Employees
- 40
- Owner hours per week
- Stock / Entity Sale
- Sale Type
- Party & Event Rental Service
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- No
- Training after the sale
- Included
- Cost
- Free
- Duration
- 1 months
Property & lease
- Premises
- Leased
- Total Area
- 3,000 sq. ft.
- Rent (monthly)
- $4,200
- Lease Expiration
- Dec 1, 2029
- Lease Renewable
- Yes
- Lease Negotiable
- Yes
Where it is · Stoughton, Massachusetts
Somewhere in Stoughton, Massachusetts. The exact address is not on this listing.
Ad#:7692
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