Tupelo Data Room
Security
Active

Thriving Event Staffing & Security Business for Sale

Texas, United States
Asking Price$1.40m
Revenue$2.50m
EBITDA-
Cash Flow$378k
Description
The company, which was established over two decades ago, provides staffing services for music festivals, film productions, live music venues, and sporting events. Their clients include various notable promotion and production companies. They collaborate with major touring acts, multi-day music festivals, and music venues. Located in the south-central U.S., the company is positioned to serve the established regional market, noted for its demand for professional event management and staffing expertise.
Real Estate
Rent is $3,000 per month
Business is
Absentee Owner
Number of EmployeesFull-Time: 4Contractors: 1000
Reason Selling
This has been a "side business" for the majority owner for over 20 years and feels it is time to turn it over to a new owner.
Support & Training
The majority owner is willing to assist with the transition. The General Manager, who holds a 10% share and has been with the company for over 10 years, will remain post-transition. He manages the festival team and daily operations.
Market & Competition
The company's main advantages are name recognition, relationships with key customers, and their contractor recruiting process.
Growth Opportunities
Expanding into new markets as they have business and security licenses in multiple states. Additionally, growth could be achieved by hiring sales staff and outbidding competitors on key contracts.
Asking Price$1.40m