Business Overview

Popular and profitable creative event rental agency located in Austin, Texas available for sale due to owner’s health. The agency is unique in that it combines creative event agency services and event rental products into one company. These comprehensive offerings are unmatched and unsurpassed.

The business is turnkey and includes all equipment, a database of product manuals, a fully developed website, an extensive customer list, established social media accounts, and documented processes. The photo equipment is fully proprietary, new, and incorporates the latest technology.

The current owner only works an average of ten hours a week. This opportunity is ideal for someone who either wants to continue it as a part-time gig, for someone who would like to invest the time into expanding the business, or for a company in the creative agency or event rental business that is looking to expand. The business can be relocated or expanded to other cities.

$200,000 asking price with seller financing, available on a case-by-case basis.

Contact us now through the ad or by contacting the broker directly at jason@truview business.com or calling (713) 714-7516 to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale.

Financial

  • Asking Price: $160,000
  • Cash Flow: $50,020
  • Gross Revenue: $60,079
  • EBITDA: N/A
  • FF&E: $70,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home office & storage units

Is Support & Training Included:

The current owner is offering training and support during the transition period.

Purpose For Selling:

Health

Pros and Cons:

Contact us to receive a Confidential Business Opportunity Report which will highlight the strengths and weaknesses of the business compared to the limited competition.

Opportunities and Growth:

There are significant opportunities to grow the business including investing in online marketing, expanding into additional cities, ad growing strategic partnerships.

Additional Info

The business was established in 2018, making the business 4 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell companies. Nonetheless, the true reason vs the one they tell you may be 2 entirely different things. For instance, they might state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competition, recent decrease in profits, or a variety of other factors. This is why it is really crucial that you not depend entirely on a vendor's word, however rather, utilize the vendor's answer in conjunction with your general due diligence. This will repaint a much more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Many businesses finance loans in order to cover things such as inventory, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that earnings margins are too small. Lots of businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that should be satisfied or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in brand-new clients? Most times, businesses have repeat consumers, which develop the core of their daily earnings. Certain factors such as new competitors growing up around the area, road building and construction, as well as staff turnover can influence repeat clients as well as negatively influence future incomes. One crucial point to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more people that see the business often, the better the opportunity to develop a returning client base. A last thought is the general location demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? How might the local average household earnings impact future income prospects?