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15 Year Established Disc Jockey (DJ) & Karaoke Business
Location Minnesota,United States
Asking Price Range $250K - $500K
Gross Revenues $295000
Net Profit / Cash Flow $102000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 1 - 3
Inventory 75000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training I want to see this business continue to grow and b
Reason for Sale After 15 years of this business, personally I am r
Description The mobile Disc Jockey business is booming! A mobile DJ plays prerecorded music at all types of events including weddings, school dances, company parties, birthdays, reunions or any event a client wants to celebrate! A Simple, yet fun and exciting business. Easy to learn!
Sales in the previous 12 months ending March 31st are $327,538, an increase of over 25%. We have over 250 events already booked on contract for rest of 2005 and into 2006 (approximately $150,000 worth). Company name is well known and referrals and repeat business account for 40% or more of business. Virtually unlimited growth potential and additional sales leads are cheap to purchase.
This is a debt free business. You are paid in full in advance of events sometimes by a year or more! Virtually no accounts receivable! Includes an updated, top rated web site (recently ranked by Alexa at 1,090,000 or better).
Office currently located in Duluth, Minnesota, (move to the beautiful Northland or manage from anywhere with a phone, computer and internet connection). All equipment included (with recent updates) plus leased office location ready for additional expansion.
Experienced and fully trained staff and DJ's are ready to go! DJ's and staff are all contract employees/contractors so no employment taxes or time consuming employment tax forms to fill out.
Terms: We prefer a full cash buy-out (and will offer a substantial discount), but will consider seller financing with a down payment of at least 25% if you're a well qualified buyer ... someone with a strong credit history and previous small business ownership/management experience. We'll need to be cashed out within 5 years, however. Contact for more information on this Disc Jockey (DJ) & Karaoke business for sale.
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