Business Summary:
Well established party and events rental business with exceptional reputation located in San Jose and serving the greater Bay Area. The company specializes in high-end custom designed events and can manufacture tablecloths, chair covers, napkins, tent liners, etc. in-house. The vast inventory of equipment housed in over 14,000 square feet of warehouse space is a one stop shop to residential and commercial customers throwing anything from small parties needing tables, seating, linens flatware, glasses and china, to large weddings or conventions in need of tents, canopies, booths, dance floors, staging, lighting and more. Arguably the most extensive inventory of this kind in the Northern California - original value is in excess of $900,000 per the owner. Current lease housing rental inventory can assigned or business can be relocated and seller will retain space. The company maintains an excellent rapport with many local area venues and caterers. The party rental industry continues to be resilient in the macro-environment and offers a significant growth opportunity as corporate budgets begin to re-open. The current owner does not work in the business day-to-day and is selling to focus on alternate business endeavors.
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