Business For Sale Listing 150010
Special Event Rental & Services Company
Status as of Dec-3-2008 at 06:00 PM: Active
Business Summary
Our firm currently represents a successful full-service event rental company and general service contractor for the convention/expo industry - One of the best businesses in its metro area, as named by the local Business Journal in 2006. A well-established member of the local rental industry since 1980, the Company understands that growth and success are determined by its ability to deliver uncompromising service, support, and top quality rental products for each and every engagement. The Company dominates the local Colorado market with a near 70% share and boasts a significant presence in the neighboring metro area. Expertly undertakes projects of all types, including conventions, expositions, trade shows, corporate events, weddings and parties, and military events. Nearly all of the Company’s major contracts in 2007 were renewed for 2008, which is further evidence of the firm’s position as the premier event services provider in its region. Rental inventory includes everything one could need to execute an event, ranging from tents, tables, bar stools, tableware, and champagne fountains to stage lighting, projection screens, registration counters, and much more. At year end 2007, the Company’s extensive catalog of rental equipment was valued at book value $1.89 million. 2007 revenue hit $2.28 million and corresponding EBITDA of $264,000 supports EBITDA margins of nearly 12%. The managing principal would like to stay involved with the business to aid an investor in taking the Company to new and record levels.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (2,280,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (264,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
