Licensed Broadway Ticket Brokerage with $4MM Book of Business

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Licensed Broadway Ticket Brokerage with $4MM Book of Business
Asking Price:
$500,000

Gross Revenue:
$430,000
Cash Flow:
$164,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is an established ticket broker company for sale located in NYC within a lucrative and growing industry.

• $4 Million book of business
• $400K of revenue due to a 10% commission structure

• Specializing in tickets for:
o Groups (10+)
o Individuals and ‘High End’ Buyers
o Tour and Travel
o Education
o Churches and Synagogues
o Corporate
o Concierge Referrals

• Five years ago, acquired entity which also specializes in:
o Lincoln Center Theater productions (Agent of Record)
o Off Broadway
o Colleges

About the Business

Location:
Manhattan, New York
Number of Employees:
8
Market Outlook/
Competition:
Deep and very loyal customer base. Outreach extends to over ½ million theatergoers who attend the theater in New York.

• This has been a watershed year for Broadway
• Sales revenues are higher than ever.
• Both attendance and gross revenue are increasing 15% YOY fueled by both long-running and huge box office hits.
Growth & Expansion:
Ideal opportunity for other ticket sellers to expand their operations or for other media/entertainment businesses to establish a foothold in the NY theater market.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Training at seller's cost for 4 weeks.
Seller Financing:
250,000

Listing Info

ID:
1640076
Ad Detail Views:
0

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Business Listed by

Vishal Bharucha, CBI

VNB Business Brokers, LLC

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