Profitable Northwest Sound & Lighting Company
Location:
United States
->
Oregon
Industry: Business Services > Other Services
Business Summary
Only Northwest company with both sound and lighting and an expert service department making it a one-stop shopping for event managers. Stellar national reputation company has received invitations from major entertainment acts to go on tour. Portfolio includes sound and lighting installations and work in landmark auditoriums, universities and capitol buildings in the Northwest. Complete turnkey operation with pro team devoted to sustainable, long-term growth of both production and permanent installation business. Loyal, expert workforce includes degreed, licensed pros. 40 years of experience and an incredible variety of jobs means an enormous, state-of-the-art inventory of equipment.
Competition: Within its market place the Company is the dominant sound and lighting company and to owner's knowledge no other company has been able to compete with Company’s one-stop shopping experience. The Company provides complete services in one place: a dream comes true for anyone putting on an event.
Growth and Expansion: The founding owner wants to retire and has been limiting the growth of the business of recent years. They once had a major presence in a five state area and the key management who wish to remain with the Company and have a minority ownership is just waiting for a new owner to join so they can develop the multiple growth opportunities. Company is positioned for growth, and the specific areas the Owners believe could be developed to take this Company to the next level are: Dominate the 5 State Market Area; Increasing Internet Sales; Increasing More Permanent Installation Contracting; Offering More Entertainment Production Services; Develop Client Requested Touring with National Acts; Expanding Service Department; Expanding into Residential Sound Systems; Offering More Boardroom and Video Conferencing Services; Offering Service Contracts; and National Expansion.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$2,320,000
Cash Flow:
$583,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1969
Number of Employees: 10 - 19
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner will train.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Business Services > Other Services business for sale.
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Print Listing Id: 70098064
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