Event Rental Opportunity

searcher profile

February 12, 2021

by a searcher in Boston, MA 02127, USA

Would anybody be interested in acquiring and operating a tent and event rental business in the Greater Boston area?

~$500k SDE, $2.2m Revenue. Seller very ready to retire. Many growth opportunities. Did well in COVID, does well in most recessions, needs a new operator.

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commentor profile
Reply by a searcher
from University of Miami in Dallas, TX, USA
I’ve looked at the space before and most owners don’t understand the CAPEx replacement, and want massive adjustments to their EBITDA. It’s also a relationship-based space, so if anyone looks at this, make sure there is an earn out component. Most events will be cutting back their footprints in###-###-#### , so keep that in mind too.
commentor profile
Reply by a searcher
in Boston, MA, USA
Hi Anonymous - I'd love to chat about this opportunity. Not sure if it has already transacted, but I'm looking at a few similar type companies in Boston and 1) this would be a great add-on if still available, and 2) would love to learn more about the industry / multiples if it has already transacted.
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