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Disc Jockey & Novelty Entertainment Company For Sale
Location: United States -> New York -> New York City Area -> Rockland
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Disc Jockey & Novelty Entertainment Company for sale.

Approximate Yearly Gross Income: $240,000
Approximate Net Income: $130,000
Approximate Value of Assets: $195,000

Has: $300,000 of receivables for upcoming events. Deposits have been received, contracts have been signed.

Has 10 part time/per diem employees & 4 sub contractors who are ''in it for the long haul'' who have and are committed to the events, if you want them to. All of which are under a non-compete contract and are able/willing to stay with the company upon sale.

Has a monthly overhead of only $1,550 per month in utilities. ($700 of which is a month-to-month office & storage space. Save $700 and run the business out of your home)! The remaining is mostly advertising and phone.

The current owner only performs at approximately 1 event per weekend. If new owner really wants to make some money and get dirty, they can pickup upwards of 2 - 4 additional events per week! I'm guessing that would be an additional $50,000 per year in your pocket.

The business has 0 LEINS, has GREAT credit, has a proven track record of success, is recognized by the community, has won awards for its performance and is just a really great place!

Average gross annual sales incease by at lease 30% annually.

Equipment Includes:
Approximately 6 Disc Jockey Sound Systems
Approximately 4 Lighting Systems
Tents, Tables, Chairs
Photo Stations
Video Screens
Video Games
TV Screens
Linens & Cutlery
Pipe & Drape
Office Equipment & Furniture
Phone System

In terms of a buy out; the owner is pretty flexible. Owner is willing to finance the sale if needed, with a reasonable down payment. Owner is willing to remain onboard for a contracted amount of time to facilitate transition.

Contact for more information on this disc jockey and novelty entertainment company for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $250,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $195,000
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner willing to stay on staff to help with transition.
Reason For Selling:  Owner has full time job with medical benefits and pension. Didn't think this side job would take off so quickly.




Print Listing Id: 700153630
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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