Equipment Rental & Services for Wedding Receptions
Businesses for Sale in Ohio, Entertainment & Recreation for sale
Business Id : BSM896
Location : Ohio > Hamilton > Cincinnati
Category : Entertainment & Recreation >
|Equipment Rental & Services for Wedding Receptions and Special Events
This is a growing business that offers niche equipment and services primarily for wedding receptions, but applicable to other special events. The equipment provides guests with enjoyable memories of the event. This is a simple and enjoyable business to own and operate.
• The company expects their growth to continue as its recognition in the marketplace grows. Business for 2011 YTD is up 30%.
• The company has first right of refusal for the Indianapolis and the Louisville / Lexington regions if expansion into those areas is desired.
• The business has achieved its envious growth during a period of poor economic conditions. As the economy begins to recover, the business will likely benefit as more discretionary dollars are available.
• This business is a turn-key operation that is open to new ideas and promotion that a new owner may bring to the business.
• Other related products and services could be added to the company’s offerings.
The business is being offered as an asset sale, free and clear of all debt and liabilities for $195,000. All of the equipment used in the business is included. The purchaser shall receive all booked future business and all deposits ($25,000 to $50,000) made by the customers.
2009 Sales: $129,767
2009 Adjusted Cash Flow: 70,197
2010 Sales: $187,446
2009 Adjusted Cash Flow: $84,531
2011 Estimated Sales: $240,000
2011 Estimated Adjusted Cash Flow: $110,000
Adjusted Cash Flow: The cash flow of the business before expenses of owner compensation and perks, interest, depreciation and extraordinary items.
Contact WAYNE CORNEY, Keate Partners, 513-241-3700
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Available upon Request.
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