Business For Sale Listing 117241
Full Service Event Planning and Production Company
Status as of Nov-21-2008 at 06:07 PM: Off The Market
Business Summary
This highly successful company has been in the special events production industry for twelve years. The company is a full service event planning and production company.
The company plans and produces special events for corporations and private parties. These events include grand openings, conventions, open houses, VIP events, award meetings, company picnics, employee appreciation events, trade shows, team building and sales motivation events, holiday celebrations, new product launches, company parties and holiday parties.
The company currently rents a warehouse where they store the equipment and stage it for transport to the event location. Currently the owners run the company's operations from their home office. This could also be done from the warehouse facility if needed.
The company makes extensive use of independent contractors. This has helped them keep payroll and related expenses low and offers them the flexibility needed to handle fluctuations in the workload. The permanent staff currently consists of three individuals: the two owners and a full-time warehouse manager. In the past they have also utilized a part time assistant during busy periods. The company will also subcontract portions of an event when needed. This allows them to handle all aspects of an event and provide quality one-stop service for their clients.
The Company has experienced substantial revenue and profit growth over the last three years with revenue increasing from $568,000 in 2003 to $1,136,552 in 2005. This represents a 99% growth rate. The cash flow has grown from $168,120 in 2003 to $428,755 in 2005 for a 155% growth over the three year period. They had 2006 revenues of $959,545 with a cash flow of $375,869. Professionally prepared tax returns for 2006 will be available in the third quarter. The market value of the assets included in the sale is $130,000.
Categories
| Industry: |
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| Location: |
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Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (959,545) |
| Profits: |
Between $100 Thousand and $500 Thousand (375,869) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
12/31/2006 |
| Asking Price: |
Between $500 Thousand and $1 Million (990,000) |
