Would You Pay $6 Million for a Tent Rental Business?

In this episode the hosts talk about a 30-year-old Maryland tent rental business generating over $1.25M in annual EBITDA, debating whether its remarkable stability outweighs the risks of seasonality, asset maintenance, and a premium asking price.

Business Listing – https://www.bizbuysell.com/business-opportunity/special-events-tent-rental-company-highly-profitable/2526933/

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This week the hosts evaluate a 30-year-old tent rental company in Maryland producing approximately $2.9 million in annual revenue and $1.25 million in EBITDA, with an asking price of $6 million. Serving weddings, galas, corporate events, and recurring community functions, the business has reportedly maintained remarkably consistent financial performance for more than a decade despite operating in a highly seasonal industry.

Key Highlights:
- $2.9M revenue, $1.25M EBITDA, $6M asking price for a 30-year Maryland tent rental business.
- Financing seasonal businesses requires careful timing, working capital planning, and lender confidence.
- Long-term recurring relationships with venues, charities, and annual events create unusually sticky revenue.
- Major diligence items include tent condition, replacement CapEx, asset utilization, and customer concentration.
- Hosts like the business overall but believe the asking price is likely too high without additional upside.

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