Thirty-year-established Special Events Tent Rental business.
The business caters to the special events market (weddings, galas, corporate events, etc.). It is very well regarded within the industry and has consistently produced $2.9m – $3.25 million per year in gross revenue over the last 10 years. The business is highly profitable, typically generates over 1.2 million dollars in owner compensation per year, and can easily expand if the new owner installs a marketing program and advertises its services.
The current owner has owned the business for the last 30-plus years and is now set to retire. An owner-operator buyer is preferred. The seller is willing to stay on for a three-to-six-month transition period.