Monday 24 February 2020

S-2921-1 RS CORPORATE EVENT PLANNING (US)




Business Description:
This Midwest based company focuses on creating unforgettable events for corporate clients.  Offering a menu of services from which to choose, clients can customize an event to meet their needs and budget, including catering, games and logistics.  The company oversees all details of the event freeing up client management to enjoy rather than worry.  The company does not do individual events and the owners work part time.  Growth opportunities include a new owner focusing 100% of their time in growing the business.

Distribution:
Primarily one state.  Opportunities to grow outside of the current market area exist.

Operational Strengths: 
The company has an immense and varied inventory of games, inflatables, equipment, furniture, fixtures valued at approximately $1.1 million.  In addition, the company owns 14 operating vehicles, and 2 other storage vehicles worth approximately $100,000. The company owns the building that houses the business.  The building is available for purchase or rent as the new owner wishes.

The Transaction:
The owners own 3 businesses and wants to spend more time with family and focus on the other two businesses.  Employees will remain with the business.  This is an owner-operator opportunity in order to be successful.

Financial Summary (000s)

2019 Est by Seller
2018
2017
Revenue
$1.5M
$2.5M
$2.0M
Adjusted EBITDA
$498K
$544K
$498K

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Midwest
Tax Returns
Yes
20
7999

  
Direct All Inquiries to:

Gottesman Company
Refer to:  S-2921-1 RS
Tel: 718-618-5346      UK Office: +44 (0) 7906786505