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Businesses For Sale > Business For Sale in Las Vegas, Nevada (NV)

Equipment Rental for Special Events for sale in Las Vegas, NV

Las Vegas, Nevada (NV)

Asking Price: Gross: Cash Flow:
$ 925,000 $ 1,000,000 $ 400,000

Furniture and Fixtures Value:
$ 775,000 (included in the asking price)

Business Summary:
We are the leader in our field, yet many potential clients remain. Additionally, national market reach and growth can be attained through minimal effort and expense. The current economy has impacted this business, causing us to streamline the operation. Business is priced for the current economy. As the economy improves, the income and value of the business will appreciate increasing your ROI. Now in our 6th year, business has grown rapidly, peaking at $1,800,000.00 in 2008 before the economy dropped gross to $1,000,000.00 for 2009. The business is streamlined and ready for a fresh approach and the rebounding economy. After 20 years, current owner is ready for a new challenge and is focusing on other business ventures. Business runs itself with very little interaction REQUIRED by owner. Business boasts some of the top casinos and planners in town as it\\\\\\\'s established repeat customers. Business operates out of a 6,000 sqft office warehouse with a rent of $4,500.00 per month with 3 years left on the lease. With fixtures and equipment at a fair market value of over $775,000.00 this business is an excellent value. By marketing nationally for end clients who have their events in Las Vegas, business can be grown significantly as proven in the past. Current owner does not have financial resource to pursue this marketing avenue as he has been pursuing his other interests. Buying this business low means it will only improve as the economy improves.

 

   
Year Business was Established: 2004
   
Number of Employees: 8/80  
   
Facilities / Terms of Lease: 6,100 sqft / $4,500.00 /3 years remaining  
   
Potential Growth/Expansion: There are remaining local clients that can be won away from competitors, however, past performance has proven nationwide marketing will dramatically increase the Las Vegas business with end clients. This campaign is minimal effort and cost.  
   
Competition: Competition does exist in our market, but we have earned a reputation as THE company to use with the people who know about us.  
   
Owner willing to finance: Seller willing to finance up to $200,000.00, but bring all offers! Broker consideration.  
   
Owner willing to train: Yes. Sellers new venture is located right next door to existing. So ongoing support is available.  
   
Reason for selling: After 20 years seller wishes to pursue his other business ventures and new challenges.  
   
Seller Reference Number: bm1471297468
BusinessMart.com Listing Number: 72279
 

 

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