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- RE: Established Entertainment Booking Company
- Contact: Roberta Caputo
Quick Facts
| Asking Price: | $249,918 | |
| Annual Revenue: | $307,223 | |
| Net Profit: | $109,479 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 1 | |
| BBN Listing #: | 944622 | |
| Broker Reference #: | 3868 |
Business Overview:
25 hours weekly! Booking entertainment company Adjusted NET over $100,000 yearly. The company provides high-value entertainment as a 3rd party booking company to clients such as country clubs, corporate clients, weddings, local cities and municipalities among others. The business model is to receive 20% of each booking. Bookings total on average anywhere from $800-$2,600. The current owner works remotely from their home-office and the business can be easily relocated as it is home based. The company has been around for 11+ years and only works with established bands & clientele. The company also remained cash-flow positive during COVID – now seeing an uptick with almost $110,000 in owner benefit January through September 15, 2023 (part-year). The Company provides entertainment to attendees and guests via a curated roster of over 150 bands that run the gamut – from rock, pop, R&B, Latin, country, reggae, Solo & Duets, national acts among others. The company also has a diverse roster of specialty acts including; Comedians, Magicians, DJ’s, Stilt Walkers, Hypnotists, Circus Acts, Jugglers, Astrology, Emcees, Celebrity Impersonators, Balloon Artists and much more. The current owner is willing to transition long-term and would entertain remaining to assist in a consulting capacity.
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Market Competition and Expansion:
The current owner is willing to transition long-term and would entertain remaining to assist in a consulting capacity if the acquirer would like.
Seller may consider some seller financing to a qualified acquirer.
The need for this type of entertainment has been expanding.
Reason for Selling:
Inquire with Broker
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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