Entertainment Venue and Party Rental

Entertainment Venue and Party Rental

Price: $499,000.00
Location: Metro-Louisville
Industry: Entertainment & Equipment Rental

This entertainment center offers parties in it is temperature controlled venue as well as off-site party equipment rentals. Nearly 5000 square feet of indoor fun is booked by appointment only or The Company can bring the fun to you! It is asset rich with dozens of party inflatables, carnival style games and equipment that will make any event amazing! Its services have been making children's parties, charitable events and corporate outings memorable for many years. The company has a varied and impressive inventory of inflatables and other party equipment- making it asset rich and a great value for the next owner. It is well known in the local market and has a customer base that includes a number of corporate clients.

This is NOT a franchise, so profit margins are excellent. This established business is already well-know and in high demand. Party Venue is booked months in advance and it shows in the bottom line!

Total Sales: $431,672.00
Cash Flow: $105,982.00
EBITDA: $105,982.00
Accounts Receivable: 0 (Included in Price)
FFE Included: $300,000.00
FFE: $300,000.00
Inventory: $2,000.00
Reason For Sale:

Retirement

Training & Support:

Minimum of two (2) weeks training and support included in sale price.

Employees: 17
Managers: 3
Monthly Rent: $2,110.00
Facilities Information:

Over nearly 5000 square feet of indoor temperature control Party space. The Party Venue is a fun place for children's parties as well as corporate outings. It has several rooms to accommodate private parties and a wide open activity area to house games and inflatables. The location has ample storage for additional equipment - used in off-site rentals. It gets terrific traffic counts with high visibility. Ample paved on-site parking. Equipment delivery trucks and trailers can also be securely stored on site.

Historical Summary:

This business has been successful owned and managed by several different owner-operators over several decades- proving that the business model will transition well.

Business Brokers & Consultants, Inc. Otis Florence, Principal Broker

Phone: 502-425-0995
Email:
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Business Brokers & Consultants, Inc. Otis Florence, Principal Broker

Email: