Asking Price $1,300,000
Financial Information
Revenue: $1,543,052 Income: $408,025
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Growing Event & Equipment Rental Business in Denver Market

Large rental equipment inventory; Excellent reputation; Strong growth potential

Located in Denver, the Company provides a wide variety of services, entertainment rental equipment, team building, and entertainment for events, including casino nights, school & university carnivals, company picnics, fundraising galas, and holiday parties. With the largest inventory of event rentals in Colorado, the Company has a decades-long reputation for quality service, established relationships with some of the largest event planners & venues in Colorado, and much business coming in through referrals.

Well-positioned to grow its existing customer base & expand into additional markets with an experienced leadership team and support staff in place, the Company provides an excellent opportunity to own an established business with a strong reputation and lots of growth potential.


Purchase Considerations

  • As of November, the Company had achieved $1.5 million in revenue for 2022

  • Many customers use the Companies' services repeatedly every year. The Company does about 400 events with an average cost of spends $3,900 yearly.

  • The Company spends little on sales and marketing, earning most of its business through word of mouth alone

  • The Company has an experienced management team in place that oversees all day-to-day operations of the business.

  • Significant opportunities for continued growth exist, especially through the Company’s Team Building offering for businesses

  • The Company has a second brand Connections Team Building that produces full-service corporate team bonding events.

Certain principals of Raincatcher are registered representatives offering securities and investment banking services through Britehorn Securities, a registered broker-dealer (member FINRA/SIPC). Britehorn Securities and Raincatcher are not affiliated entities.
Locations
stateLevel
Employees
6 Full-Time   5 Part-Time   35 Contracted  
Years in Business
31
Asking Price
$1,300,000
Terms

Negotiable

Ownership
1 @ 100% 
Facilities
2,400 s.f. office and two storage units
Reason For Sale
Owner is interested in pursuing new business opportunities (not in the same space)