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Colorado Event and Party Rental Business

CO, US

Added 2 months ago

Event and Party Rental Services

Event and party rental business in Colorado specializing in mountain events with significant growth potential and a large customer base.

Asking

$1.4M

Revenue

$1.3M

Earnings

$363K

Multiple

3.8x

Estimated 55% of revenues are recurring, coming from wedding planners, event spaces, and a database of 13,494 customers.
Assets included in the sale have a current value of $1,700,000, consisting of $1,450,000 in rental inventory and $250,000 in furniture, fixtures, equipment, trailers, and vehicles.
Sale includes 13 vehicles, 2 trailers, racks, and other equipment; replacement cost for these assets is estimated at $3,720,000.
There are 2 salespeople (excluding the owner) and between 7 and 24 crew members depending on the season, all paid hourly.
The buyer will need to relocate the business by December 31, 2026, as the current location has been sold.

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CO Mt Event And Party Rental Tremendous Growth For Sale - Business for Sale