Well Est. & Profitable Live Music Entertainment

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$425,000 $429,000

Recreation: Entertainment


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RE: Well Est. & Profitable Live Music Entertainment Broker: Jose Yankelevitch

Quick Facts

Asking Price: $425,000
Annual Revenue: $429,000
Net Profit: Not Disclosed
Cash Flow: $177,760
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 1
BBN Listing #: 1254955
Broker Reference #: 1043-17397

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Business Overview:

This is a Very Well Established Live Music Entertainment Company. It owns 2 mayor music Bands which it books for all events requiring live music entertainment such as Weddings, Corporate Events, Galas, Shows, Etc. The Bands are flexible (6-12 members) in terms of how many band members will perform at each event giving this company maximum flexibility to adjust to the customer's needs. The Company and the Bands have been around for such a long time that 50% of the business is Referral Business due to the fact that people love the Musical Experience of the performances. The other 50% comes from Internet searches, etc. Additionally, 20% of the business is repeat business while 80% is new business. The Company has a profit margin of approximately 45%, and already has bookings with deposits for 2023 which represent 33% of this year's business. Additional services include DJ's, Combos, String Ensembles, and more.

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Property Features and Assets:

The Company is run out of the Owner's Home, it does not require any storage facilities. Assets - $5,000

Market Competition and Expansion:

There are 5-6 companies that compete with this Company. Mostly the competition are agencies/brokers that do not handle a dedicated band or bands like this Company so their business models are different. The Company has very aggressive/competitive pricing that allows it to compete favorably in the Live Music Entertainment business. The Owner is 65 years old and has run out of steam. With fresh blood and fresh ideas this is an ideal platform from which to jump to higher and higher levels of revenue. For example by increasing the amount of music brokerage in different genres of music such as Classical (String Quartet for example), Jazz, Etc.

Reason for Selling:

Retirement.

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.

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