Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Special Events Company With Stellar Reputation In Irvine For Sale

Irvine, California - South, US
Asking Price:
$4,500,000
Sales Revenue:
$7,000,000
Cash Flow:
On request

This award-winning special events service related company specializes in transforming event venues with solutions tailored to each client's vision for weddings, corporate events, galas and celebrations. The company, which boasts a storied history and an unparalleled reputation, is renowned for its innovative approach and meticulous attention to detail, setting the standard for excellence.

Management feels the opportunity is best suited for a buyer with prior event service industry experience and an existing complementary operation. The financials do not deduct salaries for 2 executive officers that may need to be backfilled at an estimated $150k per officer.

Property Information

Real Estate:

Lease

Lease Terms:

Lease until July 2026 with options to be negotiated.

Leasehold Rent:

$175,000 per annum

Location:

Office-Warehouse in desireable industrial area

Premises Details:

This opportunity’s roughly 15k square foot location leases for approximately $24k per month on a lease until mid-2026 with options to be negotiated. All of the company’s furniture, fixtures, equipment and goodwill will be included in the sale.

Size in square feet:
15,000

Business Operation

Expansion Potential:

New management may take this opportunity to the next level by expanding their geographic footprint to adjacent cities or event driven locations such as Las Vegas, Miami and New York. They may couple their offering with other key event-oriented services such as audio-visual related services, furniture rentals, catering, floral arrangements and more. Should an acquirer already command a presence in any complementary industry, they will be able to leverage this brand’s stellar reputation and coveted client base to cross-promote their existing offering.

Competition / Market:

As the Los Angeles metropolitan area is not only home to the entertainment industry, but also home to Hollywood galas, national corporate events, and celebrations thrown by the who’s who list of global celebrities and business leaders, competition is strong. The firm has mastered the art of staying ahead of the competition in this industry by maintaining a relentless commitment to excellence and swift adaptation to their distinguished client’s evolving preferences. In doing so, they are able to push the creative boundaries in the industry to capture clients' imaginations while showcasing their unique flair and technical proficiency.

Reasons for selling:

Personal

Employees:
12
Years established:
1983

Other Information

Support & training:

Seller will train for 4 weeks at 30 hours per week or as negotiated

Financing available:

Seller will consider carrying 10% to faciliate an SBA loan

Furniture / Fixtures value:
$78,000
Related Documents:
Relocatable:
This business can be relocated