Service Business with over $3.3M Annual revenue & $679K Net Income

Louisville, KY

Seller Financing Available

Event Design & Party Rental
Asking Price:$4,250,000
Gross Revenue:$3,313,884
EBITDA:$679,992
Cash Flow:$944,331
Inventory:$134,000
FF&E:$1,645,273
BUSINESS DESCRIPTION

Well Established and Still Growing

This Company provides event design services and a full range of event rentals, custom signs, and florals for Kentucky's most lavish affairs. It is trusted by corporate and non-profits clients as well as individuals planning life's particularly memorable events. Over fifteen years of experience and a vast selection of rental inventory make it the preferred vendor for many of Kentucky's famous venues. The Company offers over $1.3M+ in durable rental equipment, and keeps an additional $134K of disposable rental inventory on hand.

This business checks all the boxes for post acquisition success. It has strong brand recognition, loyal customers, repeat business, consistent financial performance, proven growth potential, and a wide customer base. The Company has fostered a great corporate climate to attract and keep the most loyal and talented employees. Established relationships with suppliers, established workflows and the latest technologies are all integrated to help maintain operational efficiency.

EBITDA provided is YEAR TO DATE for 2024 through August. Projected Net Profit for year end 2024 is just over $1M. The Company is consistently posting well over $3M in annual sales.

Asset value and 15 years of financial success have conventional lenders lined up to help finance this deal. For more information and fastest response, please complete Business Brokers & Consultants Non-Disclosure Agreement from our website.


DETAILED INFORMATION
Location
Louisville, KY
Inventory
Included in asking price
Real Estate
Leased
Building SF
83,650
Lease Expiration
31/08/2032
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Company facilities are leased, w/ showroom, warehouse and offices in one central location. The facilities offer ample room for growth. Company Assets include $1.3M+ in durable furniture, linens, tableware, decor & misc party rental equipment, plus an additional $311,000 in trade fixtures, office furniture & equipment, software, warehouse equipment, and the Company's fleet of late model trucks. For the purposes of this listing, disposable inventory is recorded separately as "inventory" and valued at $134K. All rental items are in excellent condition.
Growth & Expansion
The Company has multiple opportunities for growth. Synergistic relationships with popular venues keep it booked many months in advance. In spite of having the assets to support additional events, it used to turn away business during its busiest seasons due to logistics. This drove The Company to implemented new inventory and project management software in 2024, resulting in improved operational logistics, sales, and the promise of even greater efficiencies as it is fully implemented.
Financing
Pre-approved conventional lending w/ % Seller financing for qualified buyers.
Support & Training
Seller will train and assist the new owners for a period of 1 month as part of the purchase price, and is willing to support as needed on a contract basis thereafter. Loyal staff member's in key roles will also support a smooth transition.
Reason for Selling
Retirement
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