Entertainment, Booking and Production Company
Location: Missouri > St. Louis County > Saint Louis
Industry: Comm. and Media > Other Communication and Media
Financials
Asking Price: $265,000
Gross Revenue: $1,000,000
Cash Flow: $131,000
Business Summary
This company has grown to be considered one of the most highly regarded entertainment and production companies within the industry. Established in 1956, the company has worked with many top celebrities and national acts. The company’s services range from talent acquisition to complete turn-key show productions. They provide these services nationwide for private and corporate events, casinos, fairs, festivals and other entertainment venues. The company has developed a wealth of talent resources covering every genre of music and variety. With an established large database of musical and variety groups, the company has good working relationships with many major agencies that represent the bulk of celebrity talent. The company primarily markets its services via targeted direct mail and e-mail campaigns, trade shows and industry trade associations. In addition to standard commission rates produced through its booking services, the company offers a full range of production services producing concerts for its clients While Midwest based – this company could be easily relocated. On gross revenues of more than $1,000,000, the 4 year Owner Benefit (discretionary cash flow) has averaged $114,000. Over the past few years, this has been a part time business for the current Owner…generating a full-time income. The current owner would enter into a consulting agreement with the new owner. Purchase Price is $265,000
About the Business
Year Established: 1956
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