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Quick Facts
Asking Price: | $580,000 | |
Annual Revenue: | $900,000 | |
Net Profit: | $250,000 | |
Cash Flow: | $250,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 19 | |
BBN Listing #: | 598930182 | |
Broker Reference #: | 081120231 |
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Business Overview:
Corporate team building is a top priority in todays work environment. With a fragmented workforce and companies and employees wrestling with back to the office mandates providing a collaborative team building event is essential to building employee loyalty. This business has been voted Best In Atlanta in 2021 and 2022. Revenue in 2021 was $800,000 with the seller's discretionary earnings (SDE) at $165,000 for an owner that lives out of state. A hands on owner would add in another $50,000 to bring the 2022 SDE to $215,000. For 2023 the SDE for a new hands on owner should be in the $250,000 range. Revenue is tracking $900,000 for 2023. There are 3 Full Time and 16 Part Time employees that run the daily operations.
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Property Features and Assets:
5,400 Square feet of custom built space.
Market Competition and Expansion:
Corporate team building is a top priority in todays work environment. With a fragmented workforce and companies and employees wrestling with back to the office mandates providing a collaborative team building event is essential to building employee loyalty. This business has been voted Best In Atlanta in 2021 and 2022. Revenue in 2021 was $800,000 with the seller's discretionary earnings (SDE) at $165,000 for an owner that lives out of state. A hands on owner would add in another $50,000 to bring the 2022 SDE to $215,000. For 2023 the SDE for a new hands on owner should be in the $250,000 range. Revenue is tracking $900,000 for 2023. There are 3 Full Time and 16 Part Time employees that run the daily operations.
Reason for Selling:
Lives out of state.
Additional Details:
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