Business Overview:
Own this Successful Event Planning Business of 25 years for LESS THAN FFE VALUE alone.
Buy now at a HUGE savings - COVID has halted all events for 2019 but once CA is opened for regular business operations the price will be reinstated to 2019 Valuation of $600k.
$400k in FFE included
ONLY - 1/2 the Price of 2019 Valuation
ONLY - listed for 1.55 times the annual profits or SDE - standard for this type of business is 2.6.
CALL 951 422-2823 for More Info
Established in 1996, this reputable corporate event company has grown to be one of the most respected events companies in Southern California and is a perfect add-on to an existing Catering, Party Rental, AV, Entertainment or Special Event business.
Specializing in corporate events for 150-5000+ guests, they offer superior service with highest quality catering, entertainment, inflatables, attractions and rentals in the special event industry.
This business has been highly profitable because they have established themselves in a niche market along with years of reinvesting in equipment and rental items that allows them to provide 100% of the items in-house that are included in their event packages. Most of it’s income is currently produced in its busy season that is just 6 months of the year which leaves huge growth potential for the year round entrepreneur!
They have on-call catering, entertainment and event staff to take care of every aspect of the event. They assist their clients with the pre-planning and execution of the event, even right down to securing the permits for the event venue. They have many complete picnic, theme picnic, team-building and holiday packages to choose from which makes it very easy for clients to add just a few a la carte items to create a customized event package feel. In addition to corporate events below is just a sample of a events they have hosted the catering, entertainment and/or rentals for:
• Holiday Parties
• Open Houses
• School Carnivals & Banquets
• Fund Raisers
• Parking Lot Barbecues
• Team-Building Days
• Church Events
• Retirement Parties
• Awards Banquets
• Grand Openings
• Product Launches
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.
Property Features and Assets:
Includes over $400k (replacement value) in Assets. Including catering equipment, party rentals, tents, inflatables, carnival games/booths, interactive attractions, decor & props, trucks, trailers, racking, ice machine, walk-in cooler, freezers, office equipment, computers, database, website and much, much more.
Market Competition and Expansion:
This niche event planning company has limited competition and has established itself in the prime markets of Southern California. Since 1996 it has been highly profitable by working in five counties with Small Companies to Fortune 500 Corporations.
Reason for Selling:
Relocating
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
Relevant Links: