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Disc Jockey & Novelty Entertainment Company For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $250000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  10 - 19
Inventory  $195,000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Training  Owner willing to stay on staff to help with transition.
Reason for Sale  Owner has full time job with medical benefits and pension. Didn't think this side job would take off so quickly.
Description  Disc Jockey & Novelty Entertainment Company for sale. Approximate Yearly Gross Income: $240,000 Approximate Net Income: $130,000 Approximate Value of Assets: $195,000 Has: $300,000 of receivables for upcoming events. Deposits have been received, contracts have been signed. Has 10 part time/per diem employees & 4 sub contractors who are ''in it for the long haul'' who have and are committed to the events, if you want them to. All of which are under a non-compete contract and are able/willing to stay with the company upon sale. Has a monthly overhead of only $1,550 per month in utilities. ($700 of which is a month-to-month office & storage space. Save $700 and run the business out of your home)! The remaining is mostly advertising and phone. The current owner only performs at approximately 1 event per weekend. If new owner really wants to make some money and get dirty, they can pickup upwards of 2 - 4 additional events per week! I'm guessing that would be an additional $50,000 per year in your pocket. The business has 0 LEINS, has GREAT credit, has a proven track record of success, is recognized by the community, has won awards for its performance and is just a really great place! Average gross annual sales incease by at lease 30% annually. Equipment Includes: Approximately 6 Disc Jockey Sound Systems Approximately 4 Lighting Systems Tents, Tables, Chairs Photo Stations Video Screens Video Games TV Screens Linens & Cutlery Pipe & Drape Office Equipment & Furniture Phone System In terms of a buy out; the owner is pretty flexible. Owner is willing to finance the sale if needed, with a reasonable down payment. Owner is willing to remain onboard for a contracted amount of time to facilitate transition. Contact for more information on this disc jockey and novelty entertainment company for sale.
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