Production, Floral, Entertainment, Special Events Business For Sale
www.GlobalBX.com
Listing ID:
700143844
Listing Title:
Production, Floral, Entertainment, Special Events Business For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=143844
Industry:
Entertainment and Leisure
Industry Segment:
Other Entertainment and Leisure
Country:
United States
State / Province:
Florida
Area
City:
South Florida
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$2,500,000
Cash Flow:
$325,000
Cash Flow Type:
EBITDA
Year Established:
1991
Number of Employees:
6 - 9
Business Description:
Upscale special events company providing production floral and entertainment services.
An established high end special event company servicing the south Florida social and corporate markets with award winning designers and an expansive inventory of custom decor items. The organization is referred by south Florida's top hotels, temples, country clubs, and party planners. Based on its reputation and past relationships, the company and its corporate event planners receive calls from the fortune 500 and many third parties to provide them with comprehensive event services. The social event planners work with south Florida's exclusive social clientele to design and provide custom event services for weddings, quinces, bar/bat mitzvahs, galas, and other special events.
The operational structure and processes are smooth and efficient. Supporting the sales managers are floral and production teams as well as coordinators that contract entertainment, linens, audio visual components, and any miscellaneous items that need to be subcontracted. The 30,000 sq ft warehouse is filled with furniture, decorative props, floral stands, drapes and fabrics, lighting equipment and all items required to produce multiple large events simultaneously, conservatively valued at over $1,500,000.
The company is poised to benefit from the positive movement in the economic environment. The owners are not involved in any of the direct sales, design of the product, or installation of the events. They act as business managers of the organization. One of the 2 owners needs to retire for health reasons. Other owner would be part of the sale or stay on depending on the needs of the buyer.
Easy accessibility to i95 and i595. Buyer can take over option to purchase the building at great value.
Asking price: $950,000. Contact for more information on this business for sale.
« Close this window »