Convention Planning and Management Services

Washington, DC


Asking Price: Annual Revenue:
$800,000 $924,541

Services: Business & Office Services


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RE: Convention Planning and Management Services Broker: Sara Martinez
Owner Financing is Available!
Owner Financing Terms $80,000.00 Owner Financing Interest 8% Owner Financing Terms Months 60 Owner Financing Monthly Payment $1,622.11

Quick Facts

Asking Price: $800,000
Annual Revenue: $924,541
Net Profit: Not Disclosed
Cash Flow: $337,224
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 417449765
Broker Reference #: 77441-625345

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Business Overview:

Convention management and meeting planning services based in Washington DC and active nationally. This business serves 30+ clients on multi-year agreements and 20+ clients on an as-needed basis. It plans and executes over 200 meetings a year for non-profit organizations, associations and corporations specializing in meetings ranging from 25-person board meetings to1,500-person annual meetings.

Specific services include site research and contract negotiations, housing management, registration support, exhibit sales and service, strategic analysis, logistical planning on-site support and budget assessment.

So long as the business can continue to grow its pool of qualified consultants, there should be substantial growth opportunity. It specializes in non-profit and smaller associations and there are over 7,000 associations based in Washington DC alone. The vast majority of clients are based in the Washington, DC metropolitan area though about a third of clients are based elsewhere in the U.S.

Meeting planners employed by nonprofits and associations tend to change employers frequently either to receive a higher salary or to gain additional experience, Consequently, this business is in high demand for “temporary support” during these staff transitions. Such temporary assignments may lead to longer term partnerships

The owner of this business is ready to retire and pass on their 'baby' to someone with strong organizational, marketing and logistics skills with a passion for the meetings planning industry. Whether you are already in this or a related field, or are entirely new to this sector, please don't hesitate to give us a call.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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