This well-known rental company offers service to corporate and private event planers, by way of a line of rental quality tablecloths, napkins, chairs and so forth. Located in the Northeast United States, the firm enjoys significant operating margins with a documented long-term profitability. This business currently operates from a 32,000 sq. ft. warehouse with ample office space. Additional product lines are in the planning stage for top line growth, and by focusing on profitability the seller has successfully improved profitability at lower sales levels during the last few years.

The company enjoys a competitive advantage by way of product and service depth, offering their clients a wide variety of products – essentially functioning as a one-stop shop for event planers for themed weddings, parties or corporate events. A well-trained, long-term loyal design staff works with each client to individually tailor each event - with US manufactured inventory readily available on the floor to fill any order.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.4x SDCF (ttm). A full valuation report by a national valuation firm is included in the prospectus. There is $185k in AP and debt to be assumed and the deal includes $3k in current A/R and $1.4 million in inventory. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner- operator will obtain more than $230k benefit in after-acquisition-debt cash flow.

A comfortable six months transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a consulting agreement thereafter if the buyer desires so. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

Commercial Real Estate is also available for purchase or long-term lease. Valued at $900,000 (not included).


Posted Aug 5, 2016

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