Event Company For Sale
Location Spain
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1982
Number of Employees 6 - 9
Inventory _350000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Retirement
Description High end special event company for sale with superior client list specializing in weddings, charity galas, designing hotel entrances and ballrooms, and corporate events. This turnkey business has been established for 30 years, and does business throughout the Baleares - all from word of mouth and outstanding reputation. Warehouse with 1000M2 of inventory including china, linens, glassware, decorative props, and theatrical backdrops. Inventory conservatively valued at 350.000 Euros, equipment /real-estate at 1,400.00 Euros - both included in sale. Building located in very good situation with large private loft accommodation. Business currently booked months in advance. Tremendous room for expansion if expanded to year round operation and with more marketing and drive. Owner active in business, but has someone that could step in and manage it. Owner retiring, but willing to stay on as consultant. Asking price is 1,250,000 free hold included.
Or only purchase assets with a monthy rental for the warehouse and office.
Open for offers
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