The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.

🎉

Special Event Rentals Business in Houston, TX

Houston, TX, US

Added 1 month ago

Event Rental Services

Retiring Owner

The business provides special event rentals with a focus on pipe and drape backdrops, serving the Houston, TX area for over 20 years.

Asking

$620K

Revenue

$737K

Earnings

$199K

Multiple

3.1x

Business has operated for over 20 years in the Houston, TX area
Approximately 200 events serviced per year
Income breakdown: 70% from pipe and drape rentals, 30% from planning and coordinating subcontractors
Client base: 40% corporate events, 35% referrals from audiovisual companies, 25% nonprofit or private events
Assets included: 2 box trucks, 1 trailer, inventory of drapery, linens, and table decor
Nearly $60,000 in customer deposits will transfer with the sale
Core team of 6 tenured employees plus a pool of repeat contractors
Monthly storage cost is $450 for 4 storage units
Seller willing to finance 10% of the purchase price and provide up to one year of transition support

Get everything you need to find, finance, and acquire your business

On and off market deals curated to your search criteria.

Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.

Special Event Rentals With Focus In Backdrops For Sale - Business for Sale