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Businesses For Sale   >>   Entertainment and Leisure Businesses For Sale

High End Special Event Company

Location  Florida,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1626833
Net Profit / Cash Flow  $441428
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1990
Number of Employees  35 - 49
Inventory  500000
Relocatable  No
Number of Employees  35 - 49
Real Estate  Leased
Training  4 weeks.
Reason for Sale  Retiring.

High end special event company with owned inventory and superior client list specializing in weddings, charity galas, designing hotel entrances and ballrooms, and corporate events. This turnkey business has been established for over 20 years, and does business mostly in South Florida but also throughout the country and Europe - all from word of mouth and outstanding reputation. Company spends nothing on marketing and turns away a large amount of business. State of the art, recently moved-into facility with long term lease contains meeting rooms for clients, decorated reception area, conference rooms, and very large 2-story warehouse of owned inventory including china, linens, glassware, decorative props, and theatrical backdrops. Inventory, valued for at least $500K, is all systematically organized, fully paid for, and included in asking price of $799K with $500K down. Seller states annual sales to be $1,626,833 and owner adjusted net to be $441,428. Sales and earnings growing significantly year over year. Events are continually booked months in advance; buyer would have a year's worth of earnings upon taking ownership. Business currently closes during 3 months of summer. New owner can easily increase earnings base by opening year round, hiring more designers and accepting work that is currently being turned away, and by marketing to corporate venues and in new markets throughout Florida. Owner retiring but willing to stay on as consultant and hold Note for the right buyer. Please call Martin Berliant at 561-827- 1181 or email for more information.

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