Highly Profitable Amusement Equipment Rental Company
Rockville, MD
| Asking Price: | $1,300,000 |
| Gross Revenue: | $949,000 |
| Established Year: | 1998 |
| Cash Flow: | $382,000 |
| FF&E: | $1,115,000 |
Listing ID: 2314968Listing provided by BizBuySell
BUSINESS DESCRIPTION
Highly Profitable Amusement Equipment Rental Company
This profitable amusement equipment rental company, established in 1998, has served Maryland, Virginia, Washington D.C., and Minnesota for years. With over $1 million in valuable equipment, it consistently generates strong annual profits, averaging $382,000 over the past three years. The owner's retirement presents a unique opportunity to acquire this established business with significant growth potential, particularly through strategic expansion into new markets and active owner involvement.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
DETAILED INFORMATION
Location
Rockville, MD
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Warehouse located in Rockville, MD
Competition
As with any city, there is standard competition from other event management companies. Since this business is 25+ years in business, it has many loyal and repeat clients. The Business has set itself apart with its expertise, client services, high-quality, and a prime location that ensures consistent customer flow. The business has built a strong brand identity and loyal customer base that helps it stand out in a competitive market.
Growth & Expansion
The business has built its success through effective word-of-mouth, a loyal customer base, and a prime location in a highly desirable and commercially prime area. Currently, leverages social media platforms such as Instagram and Facebook to engage with customers, promote new products, and share eye-catching visuals of its events designed to be a fun one! With further investment in targeted digital marketing, email campaigns, and collaborations with local influencers, the business could increase brand visibility and customer engagement. Offering loyalty
Support & Training
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed for three weeks at 20 hours per week after closing.
Reason for Selling
The current owner is relocating out of the area and is seeking a buyer who can c
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