Obstacle Course Event


Listing ID: 700276204

Listing Title: Obstacle Course Event

Quick Link: http://www.globalbx.com/listing.asp?bId=276204

Industry: Entertainment and Leisure

Industry Segment: Other Entertainment and Leisure

Country: United States

State / Province: Utah


City: Salt Lake City

Asking Price Range: $250K - $500K

Gross Revenues: $1,500,000

Cash Flow: $1,234

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2013

Number of Employees: 10 - 19

Business Description:
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.

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