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 Buy a Canadian company Listing # 63006003
 
 Business  For  Sale 
 Buy a Canadian company

Event Staging, Planning, and Rental Company

$650,000.00 (Cdn)

Event Staging, Planning, and Rental Company
 
Business Location: South Central Ontario
Postal Code: L
Relocatable: No
 
Business Categories:
Personal Services & Products
Accommodation & Recreation
 
BUSINESS   FEATURES
•This company facilitates and provides a wide array of rental products for various corporate, institutional, and special events.
•Have adjusted inventory and offerings to meet the requirements of school board standards and requirements. It complies with TSSA requirements. It has preferred vendor status for all major GTA parks, GTA school boards, and various municipalities
•The company boasts over 1145 active customers (ordered in 2015 and 2016 to date) with 5890 in its database.
•Sales have quadrupled since the current owners purchased the business 12 years ago (from 300k to 1.2m)
•Full transitional assistance offered.
•An excellent opportunity for an owner operator or competitor

FINANCIAL  INFORMATION
• Revenue of approx. $1.26 mm with gross profit of $907,000. Normalized EBITDA of approx. $185,000 with SDE (Seller’s Discretionary Earnings) of approx. $270,000.
• Balance Sheet- includes capital equipment/inventory of $332,000 (depreciated value-approx. $725,000 replacement cost ), prepaid expenses, goodwill, and $50,000 of net working capital.

MARKET  &  COMPETITION
• The company also runs events in its own 8045 sq. ft. facility. The party room is approx. 3500 sq ft. It includes a large area where events are staged with a large meeting room.
• There are 6 Full Time employees and a roster of 38 Part Time / on-call staff.

INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  
•Balance Sheet- includes capital equipment/inventory of $332,000
(depreciated value-approx. $725,000 replacement cost ), prepaid expenses,
goodwill, and $50,000 of net working capital.

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