Turnkey Event Rental Business with Owner Financing- Cleveland, OH

Seller Financing Available

Turnkey Event Rental Biz, 135+ 5-Star Reviews, Immediate Cash Flow

Profitable Event Rental Business with Owner Financing – Cleveland, OH

Are you ready to own a thriving, established event rental business? Cleveland Party Rentals, founded in early 2024, offers a rare opportunity to acquire a profitable, scalable business with strong customer loyalty and growth potential. The company has already achieved $300,000 in annual sales and boasts over 135 five-star Google reviews.

Business Highlights

• Turnkey operation with established systems, processes, and loyal clientele.
• Strong SEO presence and an optimized website that drives online bookings.
• Includes all rental inventory, branding, customer lists, and the business phone number.
• Subscription-based online ordering and CRM systems, with transfer costs to the Buyer.
• Immediate cash flow supported by existing revenue, ensuring financial stability from day one.

Reason for Selling

The Sellers are transitioning out to focus on growing another company they own, creating this fantastic opportunity for the Buyer. As part of this transition, the business must be relocated within 45 days of purchase, allowing for a seamless handover and the flexibility to establish a new base of operations.

Deal Structure

• Total Sale Price: $300,000
• Down Payment: $75,000 (25% of total price)
• Owner Financing: $225,000 over 4 years at 8% interest.
• Monthly Payment: $5,493 for the financed portion.
• Optional 5% revenue share over 4 years for ongoing support, aligning Seller support with business success.

Growth Potential

The event rental industry in Cleveland is booming, and this business is well-positioned for further expansion. Key growth opportunities include:

• Expanding service areas beyond Cleveland and nearby suburbs.
• Adding new rental inventory or services to meet customer demand.
• Leveraging the company’s strong online presence for increased bookings.

Why This is a Great Opportunity

• Owner Financing: Low down payment and flexible terms reduce the upfront capital needed, making this an accessible opportunity for buyers.
• Consulting Support: The Sellers will provide ongoing consulting during the 4-year term, offering guidance in customer relations, operations, and strategic growth.
• Immediate Revenue: Existing bookings generate cash flow from day one, making it easier for the Buyer to manage financing payments and operational costs.

Included Assets

• All rental equipment, valued at approximately $150,000 ensuring a smooth transition.
• Branding, website, customer lists, and phone numbers.
• Subscription-based systems for online ordering and CRM, allowing for seamless customer management.

What You Need to Know

• Buyer must relocate the business within 45 days of closing.
• Buyer will assume all costs related to subscription-based systems upon transfer.
• The Sellers do not guarantee the quality or state compliance of the rental assets; the Buyer accepts them as-is.

Don’t miss out on this opportunity to own a well-established, profitable business with owner financing and strong growth potential. Act quickly and start generating income from day one!