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Obstacle Course Event
Location: United States -> Utah -> Salt Lake City
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This very fun and profitable obstacle course event was launched as a nationwide traveling event tour, visiting over 20 major US cities,and grossing over $1.5 million in sales through registrations, sponsorships, and retail goods. The event involves massive inflatable and mechanical obstacles that are fun and challenging for all ages, (search ''hit and run 5k'' on YouTube ). As part of the new additions to the 2017 season, we are in contract phase and will operate at a major tourist destination for a continuous 50 day summer season, serving thousands of tourists and local clientele that pay a daily registration fee to participate in our obstacle course. During the 2017 season, we're planning and executing 3 additional race challenge events with new obstacles and more event variables. Total activities of only the summer season are conservatively projected to gross over $500,000 at one location, with other productions planned for the remainder of the tour year. The business, which includes all physical and digital items, as well as the expertise of the event management team is listed at $250,000. A production team is available to carry out the season tour. Along with the complete race infrastructure equipment valued at close to $200,000, there is a transport trailer (53' Wabash flatbed), and digital assets including an over 40,000 email blast list, a viral promotional video and channel with over 3000 subscribers, thousands of event promotional images and assets and a very experienced production crew available for planned and future production. The obstacle race industry is very exciting and profitable, and serves a growing number of over 16 million event runners within the industry that grosses over $400 million annually.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,500,000
Cash Flow:   $1,234
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $200,000
Seller Financing:  Yes

About The Business

Year Established:  2013
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  First event production training free of cost to buyer. Additional production performance available at reasonable rate per event.
Reason For Selling:  Seeking to function as the production team now that the event has launched and is proven in the market

Photos

View Larger Photo(s) Of Business
Obstacle Course Event Photo 1 Obstacle Course Event Photo 2 Obstacle Course Event Photo 3




Print Listing Id: 700276204
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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 > Utah Businesses For Sale > Utah Franchises For Sale > Utah Business Brokers



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