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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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High End Special Event Company

Location  Florida,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1588820
Net Profit / Cash Flow  $477866
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1990
Number of Employees  35 - 49
Inventory  3500000
Relocatable  Yes
Number of Employees  35 - 49
Real Estate  Leased
Training  4 weeks.
Reason for Sale  Retiring.
Description  High end special event company with 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 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. 16,000 square feet facility contains inventory including china, linens, glassware, decorative props, and theatrical backdrops. Inventory is all fully paid for and is valued at $3.5M and included in asking price of $999K. Seller states annual sales to be $1,588,820 and owner adjusted net to be $477,866. Sales and 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 designers and accepting work that is currently being turned away,and by using current stock of inventory on events and spending less on inventory than current owner. Owner active in business, but has someone that could step in and manage it. Owner retiring but willing to stay on as consultant. Please call Martin Berliant at 561-827-1181 or email for more information.
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