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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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