Business for Sale
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 >
Website Link : N/A
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| Summary : |
| 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. INVESTMENT HIGHLIGHTS: • 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. PURCHASE PRICE: 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 wcorney@keatepartners.com |
| Business Competition : |
| Limited |
| Business Expansion : |
| Significant |
| Reasons for Selling : |
| Family |
Uploaded Documents:
Available upon Request.
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