Tupelo Data Room
Contact us
Other Entertainment & Recreation, Other Service Businesses
Active

Event Planning Company

Pennsylvania, United States
Asking Price$80k
Revenue$218k
EBITDA-
Cash Flow$8k
Description
An event design business that specializes in curating event spaces including their own 2,160 sf location. Their other offering is balloon design services that is led by the operations manager. This company has been in business for thirteen years and has been the go-to event design company and event space for thousands of clients. They boast a contact and former client list of over 3,500 contacts. The business is fueled by plenty of repeat customers that use the space and new corporate contracts that are being developed. The team is a group of professionals that take pride in their work and are committed to providing excellent customer service. This business space is built to suite for events like baby showers, small weddings, and birthday parties. It sits in a quiet community right off the highway making it easy to find. Growth is inevitable with just adding weekdays and weeknights for the current clientele. Since the space is close to downtown, it will be a great location for work retreats and lunches. The already added inventory and equipment is worth the buy. This is a great buy for someone looking to grow their existing event design business or an individual looking to start fresh with an extensive inventory, a strong client list, huge potential for growth. We believe this business is exceptionally well positioned for significant growth and greater success under new ownership.
Real Estate
Leased
Building Size: 5160 sq. ft.
Inventory
$51kIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 7
Year Established
2010
Reason Selling
Owner is selling the business because they are focusing on other business ventur
Facilities & Assets
Lease is only $2,550 a month for a total of 5,160 sf. The venue boasts 2,160 sf for the main event area and 3,000 sf for the storage area full of inventory. There is a bar area in main event location.
Support & Training
Will train for 6 weeks @ $0 cost.
Growth Opportunities
Company had over 175 weekend bookings last year which brought over $211,000 in revenue. Potential major growth if weekdays are booked with lunches and evening events.
Asking Price$80k