Very Profitable Outdoor Movie Provider

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Asking Price:
$375,000

Gross Revenue:
$341,900
Cash Flow:
$144,100
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$197,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Outdoor movie provider and large outdoor screen reseller. Products include audio visual equipment including movie screen, projectors, sound equipment, generators, etc. Services include audio visual technicians, consulting, set up and removal of A/V equipment at clients locations.

About the Business

Location:
Travis County, Texas
Year Established:
2004
Number of Employees:
10
Relocatable:
Yes
Home Based:
Yes
Facilities:
Business was founded in 2004 and quickly grew to be one of two dominate provider of outdoor movie providers in Texas.
Market Outlook/
Competition:
Company operates under two brand names, one is a national brand and one is a Texas brand. Both brands are very popular brands in the State of Texas. There is only one other large national competitor in the Texas Market.
Growth & Expansion:
Significant. Texas population is ranked 3rd in the USA and #1 in population growth creating new residential communities managed by homeowner associations that use outdoor movie services for community events. Churches, schools, municipalities, large individual or corporate events continue to increase their sponsorship of outdoor movie events for their communities. New LED-enabled technology is opening new markets for large screen full-daylight displays. In addition, compatible "bolt-on" business model opportunities include: Bounce Houses, Portable Gaming, Concessions, Food Trucks, Photo Booth, Drone Photography, and sale of 3rd-Party Event Sponsorships (for example, a local credit union sponsoring a homeowner association event). The combination of these items represent explosive growth opportunity for this business.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
4 weeks
Seller Financing:
up to 187,500 for qualified buyer

Listing Info

ID:
1637390
Ad Detail Views:
0

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Business Listed by

Ron Spitzack

Transworld Business Brokers of Central Texas

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Sponsoring Broker:

Stephen Reesing
Transworld Business Brokers of Central Texas


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