Party Rental Business, 30+ years of history

9 months ago California, United States Ad Views:433 Ad ID: 2956

Additional Details

  • Ad ID2956
  • Posted On9 months ago
  • Ad Views433
  • Price$693,000

Description

Profitable Party Rental Business, 30+ years of history

Since 1958, C & M Party has been locally owned and operated in an affluent city of the East Bay – serving communities in the Tri-Valley area. This family-owned business has supported over 3 generations.   

This business is consolidating their two operations.  This will represent a savings of $192K each year in rent!  It is also now open for Smaller parties and long term Tent Rentals for Restaurants and Hospitals.

Well-known and the “go-to” business for all party event rentals. Parties and get together such as  graduations, birthdays, bat mitzvahs, charity events and multiple celebrations throughout the year are ongoing traditions. This is a profitable, well respected business that has systems in place for the rental and delivery of such items as chairs, tables, tents, glasses, dishes, china, serving dishes, margarita machines, lighting, linens, heaters, dance floors and much more.  

The business has streamlined offerings, operations and payroll recently. As of July 1st their rent will decrease from $16K a month to $5K a month - $192K increase to a new owner!  They cater to many well known businesses, Chamber of Commerce\'s, private and public schools and many more long term accounts.   

This profitable business is a well- known brand in the East Bay and is known for their service and dependability.  Current owner would like to retire.  This is the perfect opportunity for someone to take over an established business, implement new technology, inventory systems, create more online marketing and grow the business.

Parties and celebrations are year round and this business operates manageable hours.  The staff is well trained and the owner will stay on during transition. This business is currently operated from a Home office, with a nearby warehouse.  

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