Asking Price: $1,500,000 Gross Revenue: $2,303,000Cash Flow: $148,000EBITDA: $114,000Inventory: Not Disclosed FF&E: $22,860 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The Company provides conference and event planning services. In addition to managing conferences (82% of 2017 sales), it owns three annual conferences (15%) and develops and operates online training courses (2%). The Company’s successful completion of over 300 events has been a result of employee expertise, strong vendor and client relationships, and the ability to manage events from start to finish.
About the Business
Number of Employees:
14 FT, 2 PT
Building Sq. Ft.:
$1.00 Per Month
Rented office space is sufficient to support future growth
Trade association customers are across a range of industries, including cyber security, healthcare, banking, treasury, and finance. Event owned by the seller would be difficult for competition to enter.
Growth & Expansion:
The established business methodologies refined by the Company are expected to yield growth going forward. However, management cites several opportunities to accelerate growth trends over the next few years.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.