Drastic Price Reduction! 50% OFF Event Planning

Relocatable, CA
Alameda County

San Francisco, Bay Area


Asking Price: Annual Revenue:
$275,000 $972,165

Recreation: Entertainment


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RE: Drastic Price Reduction! 50% OFF Event Planning Broker: Francisco S
License #: 01160661

Quick Facts

Asking Price: $275,000
Annual Revenue: $972,165
Net Profit: $228,054
Cash Flow: $228,054
Total Debt: Not Disclosed
FF&E: $66,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 2
BBN Listing #: 5735931
Broker Reference #: SF10062

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Business Overview:

The price for this successful corporate events company is temporarily discounted. Currently, corporate events are paused however the price shall be increased as business starts back up and running full time. The opportunity was offered at $480k prior to the SIP. With 5 star Yelp and Google reviews, and clients like Uber, Genentech, and Amazon. The company expects the demand for events to be high once large scale events are allowed. They are already getting requests for events in 2020/2021! Turnkey Systems for generating leads. Proprietary software allows auto-generation of all vendor and client contracts and makes quoting/estimating a breeze.
Don't miss this unique opportunity to own a well known Bay Area one-stop event solution provider. This business opportunity is poised for growth. SF10062

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Property Features and Assets:

This is a home-based business.

Market Competition and Expansion:

The event industry is competitive and quite lucrative. Though there are many companies and individuals competing in this market, for the high-end space, There are only a few picnic planners and almost no event companies that also bring in their own production to their events to create unusually high profits, averaging 40%! The Company could experience increased growth through the following areas: - Increase marketing efforts to a local convention and visitors organizations, trade organizations, and hotels. The company’s revenues are currently ENTIRELY generated from its consistent website marketing. - Marketing focuses on caterers and other industry professionals - Implement a Social Media marketing plan - Hire a dedicated salesperson - Branch out into product launches and other external corporate events -Market to Bar/Bat Mitzvah and school events as they are highly themed.

Reason for Selling:

Other business endeavors.

Additional Details:

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

Documents:

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