Highly Profitable Event Management Company With Excellent Growth

Listing Number: 76931-513804

Description

This event planning and management company has a network of over 10,000 exhibitors for rodeos, county fairs, craft shows, corporate events, and brand awareness/grand opening events across Texas.  The company utilizes an e-commerce platform allowing for exhibitors to register themselves for events.  This autopilot system generates daily cash deposits in the form of evergreen sales. 


The business receives large infusions of cash for services with their Private Event Management services. These services include event concepts, contractor sourcing, contracting and scheduling for entertainment, decor, permits and all aspects of the events. The primary client for this sector of the business is corporate clients most notably in the real estate development sector. These events can include new development grand openings, periodic brand activations, realtor relations events and holiday specific events.


Additionally, the company offers equipment rental services, providing a comprehensive solution for internal and external events. This added value not only enhances the brand’s own signature events but can be expanded and solicited to other event management firms for event specific equipment and rentals. These three areas of business expertise allow the business to be more resilient and adaptable and provide various forms of cash flow to the business. This business can be scaled to a larger demographic area offering unlimited prospects for growth.

Listing Details

• Price: $1,619,000
• Down Payment: --
• Sellers Discretionary Earnings: $598,100
• Total Sales: $1,647,415
• Location: Montgomery County, Texas


• Inventory: $0
• FF&E: $78,000
• Employees: 3
• Year Established: 2015
• Reason for Selling: Retirement
• Category: Business Services