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Special Event Setup & Rentals for Corporate Clients for sale in MD

Maryland (MD)

Asking Price: Gross: Cash Flow:
$ 1,600,000 $ 2,946,579 $ 454,889

Business Summary:
In business since 1993, this company almost does it all. From your typical bounce houses and photo booths, to less offered but still wildly popular casino games and water activities. They also offer a series of entertainers from caricaturists, to face painters to tarot card readers to fire eaters. This business offers events for all ages. In the 60-page catalog of offerings, this business owns 95% of the equipment available and only a few items are co-owned with another business. They typically stay within 1.5-hour drive from the office space and mainly focus on two counties, while competitors have to drive up and down the east coast in order to hit the same revenue point. Owner currently only works events when they want to which is very limited. They are currently working 40-55 hours/week and focus mainly on oversight and sales. Management staff is well-trained, and operations continue smoothly if the owner is not there. The owner is willing to stay on as an employee to focus on promotional products division of the business. Marketing efforts could be expanded as most business is returning clients and new business comes mainly from word-of-mouth referrals or traffic to the website. Tent Rental and Catering Services could be expanded to create more revenue as well as offering full-service event management and planning.

 

   
Year Business was Established: 1993
   
Number of Employees: 2 Office Staff & 170 Even  
   
Owner willing to finance: 12.5% Seller Financing  
   
Reason for selling: Exit Planning  
   
Seller Reference Number: EVE005
BusinessMart.com Listing Number: 254618
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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