Successful & Profitable Event Management Company

Victor, NY
Ontario County


Asking Price: Annual Revenue:
$1,500,000 $2,149,302

Services: Communication, Media, Technology


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RE: Successful & Profitable Event Management Company Broker: Carl Knickerbocker
Owner Financing is Available!
Financing is available with a sizable down payment and personal guarantees acceptable to the seller

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $2,149,302
Net Profit: $103,727
Cash Flow: $458,866
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 1995
Employees: 9
BBN Listing #: 325862378
Broker Reference #: VIC001

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Business Overview:

This is an eminently successful 26-year-old event management company with several Fortune 500 clients and bookings for later half of 2021 and 2022. Due to the restrictions of COVID-19, most of the events in 2020 were cancelled by the organizers because of local ordinances barring large gatherings to prevent the spread of the virus. This full-service event management company has the capabilities to plan and successfully execute tradeshows, corporate meetings, lifestyle & sponsorship events, media & strategic communications events, tours & promotional events, product launches, ride and drives, entertainment & sports events, custom fabrication of marketing materials, and a warehouse to store it all.

There is an enormous pent-up demand for trade shows, brand activations and corporate events from very well-known companies. The company is actively planning for over 40 events scheduled from April 2021 through March 2022. The list of events is available for review. Most likely some of the events will be rescheduled due to the pandemic, but this company is moving forward with a dynamic outlook for the foreseeable future.

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Property Features and Assets:

Lease 1 - Storage space - 7581 square feet at $3728 per month. Expires 5/31/21 Lease 2 - Office space - 1010 square feet at $1150 per month. Expires 7/31/21

Market Competition and Expansion:

There is an enormous pent up demand for trade shows and product launches due to the pandemic.

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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