Golf Event Planning

Asking Price$30,000,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$14,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Golf Event Planning


Asking Price$30,000,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$14,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Established Golf Event Planning
Links 2 Legends is a New York C corporation operating out of 14 Wall Street in Manhattan. It was incorporated on July 11, 2021, and reports on a calendar-year, cash basis. The returns describe the business as golf event planning, and the owner, Burhan Ahmad, signs each return in the officer line. Returns were prepared by Financial Experts of America of Marietta, Georgia. On Schedule K the company reports that it is not part of an affiliated or controlled group, has no foreign ownership, paid no dividends in excess of earnings and profits, and files the 1099s its payments require.
A word on what this report is and isn't. I reviewed three documents: the 2023, 2024, and 2025 federal corporate returns. I did not see financial statements, a general ledger, bank statements, client contracts, a customer list, payroll detail, or any state filings. I did not speak with management. So this is a calculation of value — a reasoned, information-limited estimate — and not a certified or "conclusion of value" appraisal under the AICPA or ASA standards. It is meant to orient you and to frame the questions worth asking, not to support a sale price, a tax position, a loan, or a court filing. For any of those you'll want a credentialed appraiser (ABV, ASA, or CVA) working from audited or reviewed financials. I'm also not acting as your financial or legal advisor here.
About the Business
Facilities & Assets
Location: Office at 14 Wall Street, New York, NY 10005
Entity: C corporation, incorporated July 11, 2021 (NY)
Balance sheet (last available — 2023): Total assets ≈ $10.2M, almost entirely cash and receivables; no recorded debt or liabilities; retained earnings equal total assets
Cash position (2023): ≈ $8.9M
Gap: No 2024/2025 balance sheet (Schedule L wasn't filed those years), so current assets, equipment, or inventory can't be confirmed from this document. You'll need a current balance sheet or asset list before listing this.
Market Outlook / Competition
Industry: Golf event planning / event planning services (NAICS listed as 713110, which is actually amusement/theme parks — the report flags this as likely miscoded; correct codes would be 561920 or 711320)
Comparable multiples: Event-planning "main street" firms typically trade at 3.1x–4.0x EBITDA or 0.6x–1.3x revenue, per cited transaction data; this company was valued at a premium (3.5x–5.0x EBITDA) due to its size (~10x larger than typical firms in that data) and growth
Competitive edge implied: Advertising spend held steady at 5% of revenue every year — consistent, deliberate demand-generation rather than reliance on referrals/contracts
Gap: No named competitors, no customer concentration data — the report explicitly flags customer concentration as unknown and as a major value risk if a few clients dominate revenue
Opportunities for Growth
Revenue growth: $8.64M (2023) → $12.6M (2024, +45.8%) → $14.4M (2025, +14.3%) — strong but decelerating
Margin trend: Pre-tax margin ran 45–55%, though it dipped in 2025 as payroll surged 62% (from $3.05M to $4.96M) against only 14% revenue growth — could signal a staffing investment ahead of future growth, or margin normalization
Growth levers noted in the report: securing contracted/repeat revenue (biggest potential multiple driver), building a management layer to reduce owner dependence, and confirming the fee-only model (client pays vendors directly) which would validate the high margin and support a premium valuation
About the Sale
Seller Motivation
Retirement
Transition Support
Owner: Burhan Ahmad, signs as Owner/officer; officer compensation $448K–$640K/year (reads as reasonable market pay, not excess draw)
Gap: The report contains no information on staff structure, training programs, transition support, or whether the business could run without the owner. This is actually flagged in the report itself as a key open question ("reduced owner dependence" is listed as something that would increase value if confirmed) — meaning right now, owner-dependence is unverified and untested. This section will need direct input from the seller/management.
Listing Info
ID
2529241
Listing Views

Listing ID: 2529241 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 of Use. Learn how to avoid scams.