Sell Your Party Rental Business With Synergy

Event Equipment Rental Business Brokers

Selling a party and event rental business involves unique challenges and opportunities, particularly in a competitive industry that encompasses party rentals, tent rentals, party supplies, tables, chairs, and event equipment. Partnering with experts like Synergy Business Brokers can make the process smoother and more profitable.

Having experience in the party rental business brokerage business, we understand that the industry constantly changes and encompasses many business sectors. Whether in tent rentals or party supply manufacturing or distribution, our experienced senior brokers can help you find the right prospect for your business.

After being shut in the house for two years because of COVID-19, people couldn’t wait to get together, mingle, and party. The Global Party Supply Rental Market size was estimated at $12.38 billion in 2022, $14.20 billion in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 14.86% to reach USD 37.54 billion by 2030. This expected growth throughout the next couple of years will naturally attract buyers who want to enter a booming market. Now could be the time to get the most for your party rental company as the market demand couldn’t be better.

Synergy has several steps our brokers take toward selling party and tent rental businesses:

• Initial conversation: We start with a quick call during which we get to know the strengths of the business and why you are thinking about selling.
• Analysis and Valuation: Synergy cracks open your financials (after signing an NDA) and analyzes the trajectory of your businesses. Our brokers must know when the off-seasons are (if any) and when you plan most of your events.
• Exposure & Marketing: Our targeted marketing strategies are meant to give you the best chance of receiving multiple offers from prospective buyers.
• Negotiating and Due Diligence: Once you have enough offers on the table, it’s time for you to negotiate. Sometimes, the buyer you go with isn’t always the one with the highest number; it can be the one who gives you the best overall terms for the business or is the best fit for the business.
• Closing: Synergy has a database of trusted lawyers and bankers who can guide you through the finances and contracts and make the process as enjoyable as relaxing at a party.