BELOW MARKET -- FUN, Chocolate Event Company

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QUICK SELL ALERT - MAKE AN OFFER - Under 1x TTM - Everything Included!
Asking Price:
$41,000

Gross Revenue:
$63,818
Cash Flow:
$43,626
EBITDA:
$43,626
Inventory:
$1,000
included in asking price

FF&E:
$10,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

QUICK SELL, PRICED WELL BELOW MARKET VALUE - The seller is looking for a quick sell and is looking for offers ASAP. There are so many positives to the business, it's difficult to list them all.
This company is owner-operated and profit margins are 70-80% depending on the event! Profit margins those high are hard to come by in any business!
A new, corporate client was just added and plans to double gross revenue over the next two years. Most events are large so there are only a few days to work in a month.
The client list is unbelievable for corporate events. All major corporate partners in the area and contacts at almost all major hotels in the Seattle-Bellevue area.
Owner has done NO marketing in the last 3 years. About 80% is repeat clients and a large amount are repeat events every year.
NO Competition for events over 500 people!!
Right now, the owner works about 15 hours a week on average

Great for retired, stay at home moms, caterers, bakers, & aspiring caterers. This business is a steal at this price.

Buyer must live in the Seattle-Tacoma metro area and relocate business to new location.

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About the Business

Location:
King County, Washington
Relocatable:
Yes
Market Outlook/
Competition:
Pro - Low Competition Niche, Great repeat client base, low hour commitment per a week, easy to expand into other areas, client list of all major event venues in the Seattle area.
Con - Need to add a little variety for repeat clients
Growth & Expansion:
Pro - Grow into in a variety of areas, big spender client list,
Con - Need to establish a home base
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About the Sale

Reason For Selling:
Family health issues.

Listing Info

ID:
1642333
Ad Detail Views:
0

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Business Listed by

Nicole Byzinker

InterStella Studios LLC

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