Imagine being an early investor in the Coachella Music Festival, or the Electric Daisy Carnival in Vegas, or Bonnaroo. This is what Ace Business Brokers brings you today. A project on the East Coast needs further capital and new management to move the business plan forward. Ideal investor would have industry connections to promoters and entertainment industry executives or be willing to contribute their own knowledge into the implementation of the vision of the opportunity.
- Buyer secures first position lien on the property and all assets of the company.
- Additional returns are available in the form of income from sponsorships, trade shows, expositions, sporting events, signage, cellular antenas or other revenue sources to be developed in the future and are not quoted in gross or net income figures hereto. That's all gravy.
- Photographs contained within the executive summary on file with Broker of the subject property are actual images of what is currently on the site. Improvements in place include public water and sewer, backup generator for the entire site, stage, seating, fencing, pavement and all support buildings necessary for operations.
- Massive return possible if full business plan development is pursued.
NDA is required for memorandum on file with Broker.
Facilities: 250 acre music amphitheater, festival grounds, fully built out 41,000 square feet of buildings, concession areas, offices, with an overall capacity of 27,000+
Competition: No venue of its kind in the immediate area.
Growth & Expansion: Needs more promoters to do events there.
Financing: If the price and deal structure is right.
Support & Training: Long term transition.
Reason for Selling: Other business interests.