Asking Price: $1,798,000 Gross Revenue: $1,130,142Cash Flow: $424,727EBITDA: $424,727Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
This luxury events planning service company has created its own highly sought after market niche. The company provides first class event experiences across the globe, with clients ranging from national accounts, destination management companies, experiential marketing agencies, advertising agencies, wedding and event planners. Their clients include the best known luxury brands as well as recession proof patrons. Each event is custom tailored to discerning client needs, often with the budgets necessary to create world-class experiences.
About the Business
Los Angeles, California
Number of Employees:
3FT - 12PT
The founders have set this company up to be managed on a virtual basis from anywhere in the country or beyond. With the exception of a local prep kitchen that functions as a central commissary, events are remotely coordinated, staffed and executed without fault. All of the business’s tangible and intangible assets will be included the sale.
While there is no shortage of competition in the general events catering market segment where the barriers to entry remain relatively low, at this firm’s level where the customer experience is taken to an entirely new level, the barriers are extraordinary. This established brand’s experience, event repertoire and ability to execute remains unparalleled. With the prestigious level of clients they boast, industry entrants or established premium event service providers simply do not meet the criteria expected by this level of clients, industry influencers and collaborative partners.
Growth & Expansion:
This enterprise’s gross revenues have nearly doubled since 2016. With a record January 2018 the company’s anticipated organic growth trajectory is remarkable. New management may harness the growth that is already built-in through word-of-mouth referrals, repeat business and new RFPs, or they may further expand by developing a stronger foundation in the leading markets they already have a footprint in or they may prefer to enter comparable high-end markets in the U.S. and abroad. Since the company has focused on mastering their specific segment of the customer’s experience, opportunity exists to mindfully segue into complementary service areas.
Event Services w/Bourgeoning Market Niche – Unique IP Usage!
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