Party rental company
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Headquarters Location (country)
United States of America
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Headquarters Location (city / state)New York
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Year of Establishment2012
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Request TypeFor sale
$375,000
Asking Price
Other Entertainment & Recreation
Service / Product
$60,000
Cash Flow
Yes
Physical store
No
Startup
No
Franchise
No
Owes any taxes
No
Has any debt
Yes
Has proper licenses and permits to operate
No
Has any ongoing lawsuits
6
Number of employees
Company revenue change
Company Overview
A well-established party rental company in New York, specializing in high-quality rental items for weddings, corporate events, and private parties.
About the Company
Company organization structure
The team includes delivery and setup crew members, customer service representatives, and an operations manager, with the owner overseeing the overall business operations.
Company Achievements
Known for exceptional service quality and a wide range of rental inventory, the company has established a strong reputation and has a loyal customer base in the New York area.
Organization Culture
The company prioritizes customer satisfaction, teamwork, and flexibility to ensure smooth event execution for clients.
Offering the employees any benefits
Yes
List of benefits
Health benefits and flexible scheduling.
The company owns the facilities and equipment
Yes
List of Facilities and Equipment
Assets include tents, tables, chairs, event furniture, lighting, and decor items.
Marketing
Social impact
Frequently donates equipment or services to local charity events and community functions.
Market share
Primarily serves the New York area, capturing a strong share in the local event and party rental market.
Intellectual properties
The business name is trademarked, and they have a custom-built online booking system.
Average order value of a customer
$1,500
Customer Lifetime Value
$5,000
Yearly advertising budget
$20,000
Percentage of returning customers
40%
Other
Reason of selling
I am moving out of state and seeking a buyer who can maintain the company’s success in the New York area.
Resell or manufacture
No, it offers rental services and purchases inventory from suppliers.
Offer support
Yes
Offer warranty
Yes
Included Assets
All rental inventory, delivery vehicles, online booking system, and customer database.
Deal information
Details
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Person
Richard George
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Headquarters Location (country)
United States of America
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Request
For sale
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Requested Amount of Value
$375,000