LA Based Event Production Company With Outstanding Reputation

Listing Number: 95371-910493

Description

LA based Party/Event Production Company that has been in business for over 25 years. They have an outstanding reputation in the industry and have produced events for big name Hollywood clientele, as well as numerous large Corporate names across various industries. They work with a number of Event Planners and a large number of clients to help bring the customer's vision to life, designing, creating, producing, and executing theme based events and parties based on their customer's wishes. They have a great location in the LA/Southern California region with over 10,000 square feet and thousands off assets that have been created for their events over the years that have been kept in great condition to be used in future events, cutting down on production time for new projects, as well as reducing costs. They have their own print shop with a large cutting table, a sign laminator, and C&C machine, as well as all the tools and equipment needed to put on a premier event. The company has only one employee, the owner, and uses four key sub contractors for the events that operate as a well oiled machine requiring little hands on oversight from the part of the owner. The company has little overheard and boast an impressive operating profit margin. There is a huge opportunity for a new owner to come in and potentially double the sales with a single sales person. The company does not currently market or advertise, which presents another opportunity to boost sales for a new owner in a fun and exciting industry. The owner is open to seller financing as well.

Listing Details

  • Price: $950,000
  • Down Payment: $500,000
  • Sellers Discretionary Earnings: $206,778
  • Total Sales: $956,284
  • Location: Los Angeles County, California

  • Inventory: $0
  • FF&E: $0
  • Employees: 1
  • Year Established: 1993
  • Reason for Selling: Retiring
  • Category: Business Services
LA Based Event Production Company With Outstanding Reputation

Business Listed By:

Christopher Beckman