Specialty Wedding & Event Rental Company

Castle Rock, CO
listing image
Asking Price:$250,000
Inventory:$250,000
EBITDA:$440,939
Established Year:2023
Gross Revenue:$148,916
Rent:$8,400/Month
FF&E:$50,000
BUSINESS DESCRIPTION

A fast-growing wedding and event rental business with unique inventory. Currently, the business is owned, but operated by contractors. Buyer could fully manage business and expect to make at least $150,000 a year in the first year. Expansive inventory selection that is unique to the market. Since it is only the second year in business, the business is expected to grow by 20% next year with continued growth year over year. Established connections in the industry help make this a great business purchase.

Website, all software and inventory are included in sale. Inventory is expansive and is worth well over $250k and is mostly brand new.


DETAILED INFORMATION
Location
Castle Rock, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Lease Expiration
31/05/2027
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Space is leased and is expansive for the inventory that is there. Shelving for most items is installed. Dishwasher is in unit.
Competition
Current competition is low. We're in a niche market with tons of growth potential. It's the only local business and only one of few businesses. No other business offers our inventory.
Growth & Expansion
The business is expected to continue to grow year over year since it's still in infancy. Opportunities are endless with an engaged owner.
Support & Training
Training and support can be provided by owner.
Reason for Selling
Other opportunities
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Brianne Pittenger
Brianne Pittenger