Corporate Event & Party Planning

Listing ID: 700232512

Listing Title: Corporate Event & Party Planning

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Industry: Entertainment and Leisure

Industry Segment: Other Entertainment and Leisure

Country: United States

State / Province: California

Area Northern California - All Northern California

City: Santa Clara

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,200,000

Cash Flow: $400,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1987

Number of Employees: 4 - 5

Business Description:
Established in 1987 in Silicon Valley with over 1M in annual sales in the Corporate Party, Event and Casino gaming industry this dominant business opportunity is ready made for the right individual(s) interested in a career in this lucrative space. The Silicon Valley marketplace is the fifth largest corporate marketplace with over 10,000 new jobs slated in a (5) mile radius of our headquarters. With massive new growth in one of the fastest growing US marketplaces this business owns it's own warehousing with all of the party rental items and equipment including tables, chairs, sound, lights, casino gaming, theme decor, beverage catering supplies, inflatable games and activities, (2) Branded Trucks, (2) Semi Trailers for additional storage, (2) tow behind trailers and a Lincoln Navigator all in great working condition. This business is debt free and comes built for successful longevity with several top positioned websites and excellent SEO, a brand new custom software platform, a major database with over 8K past customers and 5K in vendors and service providers, ConstantContact Marketing Dbase with over 3K in MarCom and 5K in HR active email addresses. With annual sales of over IM and repeat multi event customers of over 700K per year this business is multi seasonal and has a well established reputation including being the only Diamond Certified rated highest in customer satisfaction and loyalty rating in the marketplace. The business is ready staffed with over 100 years of trained professionals including office managers, event managers, warehouse managers, event staffing, fleet maintenance, casino dealers, game operators, SEO management and IT. After a successful 28 year career the owner is looking to retire and is willing to discuss with the right individual(s) a cooperative exit strategy with ongoing consultation, training, sales support and customer goodwill over a (2) year period of time insuring the future success of the brand.

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