Established Events and Wedding Rentals Business - Turn-Key Operation
This thriving event rental and planning business has been serving the Tampa Bay area since 2002, building an impressive client base across educational institutions, arts organizations, hospitality venues, and sports facilities. Located in a spacious 4,500 square foot facility in Oldsmar, FL, this turn-key operation offers comprehensive event solutions including design, planning, and full-service rentals.
Financial Overview:
- Annual Revenue: $250,000
- Cash Flow (SDE): $89,000
- Asking Price: $375,000
- Inventory Value: $360,000
- Established 2002 (22+ years in business)
Business Strengths:
- Established client relationships across multiple sectors
- Comprehensive service offering from planning to execution
- Prime location in growing Tampa Bay market
- Turn-key operation with proven systems
- Strong inventory base supporting diverse event needs
- Stable lease through March 2027 at $5,300/month
Growth Potential:
Significant expansion opportunities exist with potential for additional $500,000-$750,000 in revenue through enhanced event planning services, expanded decor offerings, and diversified rental inventory. Tampa's reputation as a destination wedding location provides consistent market demand.
Owner Support:
Current owner committed to 6-month consulting transition period to ensure client retention and comprehensive training. This support structure maximizes the likelihood of successful ownership transfer and business continuity.
Market Position:
Benefits from Tampa's steady event market and destination wedding appeal. The business serves a diverse client mix, reducing dependency on any single market segment.
Sale Details:
Owner selling due to health and personal reasons. No broker fees involved in transaction. Leased facility provides operational flexibility without real estate investment requirements.
This represents an exceptional opportunity to acquire an established business with strong fundamentals, proven revenue streams, and substantial growth potential in Florida's vibrant events market.
Ad#:2273940
