Established Wedding and Event Rental and Service Company!

Sacramento, CA (Sacramento County)

Established Wedding and Event Rental and Service Company!
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Asking Price: $560,000

Cash Flow: $150,094

Gross Revenue: $207,322

EBITDA: $162,567

FF&E: $22,585

Inventory: $176,281

Rent: $2,150 per Month

Established: 2017

Established Wedding and Event Rental and Service Company!

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Business Description

Constant potential to always expand furthermore!

Established in 2017, absentee owned and operated by husband and wife with no debt on the company. Very profitable turn-key operation in a prime time to purchase! Great numbers for an operation without any active marketing since the beginning, just strictly social media, referrals and word of mouth. Well known in and around Sacramento, Napa, and the SF bay area, with a great reputation with both clients and venues, providing easily over 400 invoices of product and/or services to new and recurring clients yearly. On multiple preffered vendors lists and already have secured events for 2021. Inventory includes, chairs, tables, linens, dish sets, flatware, glassware, stands, props, backdrops, artificial florals, and so much more; And for up to 350 person events of every style. All inventory, inventory storage solutions and equipment, warehouse management equipment, furniture and fixtures, social media accounts, website, online backoffice software used for inventory management and invoicing is included in asking price. Priced well to sell!

Buyer assumes and accepts all invoices and booked events already secured for 2021, no exceptions. Estimate of Value and P&L can be provided upon request.

Detailed Information

Location:
Sacramento, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
11/30/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A total of 3,000sqft of warehouse space, showroom, office and restroom. Warehouse has one main 10x16ft bay door and a bay door over the office glass front for added security. Large lot with ample general parking and your own 2 dedicated parking spaces. Front portion of warehouse houses the 22x8ft enclosed trailer with inventory to the left of it that wraps around to the back.
Competition:
Located in the heart of Sacramento, there are quite a few that accomodate some part of the industry. From large scale companies with 100+ locations, to any new or small businesses that have been in the industry for 25+ years too. We have a distinct stance in the industry with the product lines and services we can provide. We have been the start of quite a few trends ourselves in the area and offer anything from the currently trendy farmhouse look, to the princess castle style with the golds and silvers, and kids product line to match!
Growth & Expansion:
Paid advertising, marketing and email promotions to past, current or future clients are all very effective ways for quick growth. Acquiring more inventory and product lines is another effective way for company expansion. Varying styles and quantities, and efficient operations will most certainly increase revenue growth furthermore.
Support & Training:
Both owners are willing to train and consult up to 30 days or 48 hours, whichever comes first. Both owners are willing to train and consult with any booked events and invoices up to 30 days after sale.
Reason for Selling:
Relocating out of state.
Business Website:
http://vlasov.events/
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Business Listed By:
David Vlasov

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