Business Summary:
This business was established in 2014 and has enjoyed good revenue growth each following year. It is located in a fast growing region of Riverside County, CA only minutes from Temecula Wine Country, a wedding Mecca. It is centrally located to serve San Diego, Orange, San Bernardino and Los Angeles Counties. It is a family run business with a few part time employees. There is great potential for further growth as several jobs have been turned away due to limited staffing. The well maintained rental furnishings and equipment are conservatively valued at $110,000 and are sufficient to handle significant sales growth. They include farm tables with multiple chair options, vintage sofas, love seats, arches, backdrops, buffet tables, chandeliers, and a substantial amount of other decorating accent pieces. The business has built an excellent reputation in the industry and enjoys a 5 star Yelp rating along with referrals from several local wedding venues. A high quality, user friendly website is included, which has photos of most of their rental items. Cash flow remains consistent throughout the year as a 50% deposit is taken at the time of booking with the balance due two weeks before the event.
|
|
|
