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Listing Number: 3868
Summary - Established Entertainment Booking Company – REMOTE, only 25 hours per week – CONTRACT PENDING
25 hours weekly! booking entertainment company Adjusted NET over $100k yearly.
The company provides high-value entertainment as a 3rd party booking company to clients such as country clubs, corporate clients, weddings, local cities and municipalities among others. The business model is to receive 20% of each booking. Bookings total on average anywhere from $800-$2600.
The current owner works remotely from their home-office and the business can be easily relocated as it is home based. The company has been around for 11+ years and only works with established bands & clientele. The company also remained cash-flow positive during COVID – now seeing an uptick with almost $110k in owner benefit January through September 15, 2023 (part-year).
The Company provides entertainment to attendees and guests via a curated roster of over 150 bands that run the gamut – from rock, pop, R&B, Latin, country, reggae, Solo & Duets, national acts among others. The company also has a diverse roster of specialty acts including; Comedians, Magicians, DJ’s, Stilt Walkers, Hypnotists, Circus Acts, Jugglers, Astrology, Emcees, Celebrity Impersonators, Balloon Artists and much more.
The current owner is willing to transition long-term and would entertain remaining to assist in a consulting capacity if the acquirer would like.
Seller may consider some seller financing to a qualified acquirer.
Listing Broker
Jonathan-Barak
Business Intemediary Specialist
Phone: 954-596-8060
Email:
[email protected]
- Category: Miscellaneous Services
- Asking Price: $249,918
- Gross Sales: $307,223
- Cash Flow: $109,479
- County: Broward
- Area: Florida
- FFE: $ 0
- Inventory: $0
- Real Estate: $0
- Employees: 1 - Full-Time 0 - Part-Time
- Facilities: REMOTE
- Relocatable? Yes
- Home Based? Yes
- Market Notes: The need for this type of entertainment has been expanding.
- Growth Notes: Uptick in business since COVID
- Support Training: Owner willing to discuss significant transition period, may be willing to stay onboard, terms TBD
- Year Established: 2012
- Financing Terms: TBD - Some seller financing may be possible for qualified acquirer
- Reason for Selling: Inquire with Broker
- Inventory Included: No
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? Yes
- Is FEE Included? Yes