Conference and Event Planning Company

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Asking Price:
$1,500,000

Gross Revenue:
$2,303,000
Cash Flow:
$148,000
EBITDA:
$114,000
Inventory:
 Not Disclosed

FF&E:
$22,860
included in asking price

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Business Description

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

Location:
Indiana
Year Established:
1986
Number of Employees:
14 FT, 2 PT
Real Estate:
Leased
Building Sq. Ft.:
2,500
Rent:
$1.00 Per Month
Facilities:
Rented office space is sufficient to support future growth
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Seller wants to focus on a separate real estate development business
Training/Support:
30 days within purchase price

Listing Info

ID:
1578627
Ad Detail Views:
0

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Business Listed by

Thomas Poyser

American Business Investors, Inc.

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Sponsoring Broker:

William Goss
American Business Investors, Inc.


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