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|Net Profit:||Not Disclosed|
|Cash Flow:||Not Disclosed|
|Total Debt:||Not Disclosed|
|Real Estate:||Not Disclosed|
|BBN Listing #:||715062922|
|Broker Reference #:||Not Disclosed|
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This is a once in a lifetime opportunity to own and operate a long time profitable, absolutely fabulous, very successful event company! A 10-plus year family business that held monthly festivals for over a decade!
The event consists of a combination of food vendors, musical performances, and one of kind rare unique sales exhibitors from all over!
30-plus specialty food purveyors, extensive music stages, and over 6,000 approved exhibitors. All exhibitors are completely approved and vetted. The emailing list of attendees exceeds 70,000 guests! Currently based out of San Rafael, CA but offices can be relocated. High profit margins and a low overhead.
The festival was a Bay Area favorite that was packed with people from all walks of life including their dogs! Post Covid, the event ran less frequently but with a bigger footprint, which proved to ring the same numbers, and was also profitable and a huge success!!
. High Gross Margin Business
•. Immediate Cash Flow
•. Low Overhead
• Motivated Sellers (looking to retire)
Website is being upgraded for a new owner and training is available upon request. This event venue is one of the first models of a monthly event in the Bay Area and a top favorite for exhibitors and attendees.
The business also has a very large, very low interest rate loan that may be assumable for cheap operating capital. This loan will transfer with the sale and the amount of the loan is $1.700,000 with an interest rate of 3.75%. This gives a new owner plenty of working capital to keep this business successful and expand to a higher level.
It is time to pass the torch for this fantastic opportunity so call today for more info!
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Property Features and Assets:
Currently located in San Rafael and relocatable.
Reason for Selling:
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