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Well Established Profitable Events Company With Trademarks In Austin For Sale

Austin, Texas, US
Asking Price:
$290,000 Furniture / Fixtures included
Sales Revenue:
$288,959
Cash Flow:
$177,364

A well-established profitable events company capturing the essence of both brand identities and life milestones located in Austin, Texas, is available for sale. The company leads the industry with innovative technology, differentiated customer experiences, and bespoke offerings. Services include both in-person and virtual events.

Due to their loyal and high-potential clients, there are several significant opportunities for growing existing business and expanding beyond Central Texas into new markets. The company is at its highest growth rate and profit margin in over 5 years. The only reason the owner is willing to sell is to pursue a separate family venture. They’ve already invested time and capital in the latest technology (both hardware and software), achieving a top 3 SEO rank, a calendar full of booked engagements, an updated and redesigned website, and a fully automated booking and administrative system. The business is completely turnkey and ready for the next owner to step in and make money.

The business allows for a lot of flexibility and is ideal for an owner-operator who is customer service focused with an eye for trends, can be run on a part-time basis or could be run absentee by hiring an Operations Manager.

Now is an ideal time for a new owner to take over the business as the demand is hot as the events industry recovers from the rebound of Covid-19. The increased demand is expected to last for a long time as the backlog is worked through and the corporate events return. The business currently receives inquiries for more events than it can serve, allowing a new owner to invest in staff and equipment to expand the business with minimal additional marketing spend.

Seller financing is available on a case-by-case basis. $370,000 Price for Seller -Carry with 50% down.

Contact us now through the ad or by contacting the broker directly to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale.

Property Information

Real Estate:

Lease

Location:

Austin, Texas

Business Operation

Expansion Potential:

There are significant opportunities to grow the business including adding additional related services, hiring additional staff to keep up with the increase in demand for simultaneous bookings, increasing prices, and expanding into new markets. Contact us to receive the Confidential Business Review report for further details.

Competition / Market:

Contact us to receive a Confidential Business Review report which will highlight the competition and strengths and weaknesses of the business.

Reasons for selling:

Pursue other opportunities with family.

Employees:
10

Other Information

Support & training:

The current owner is offering training and support during the transition period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Available on a case-by-case basis, approved by owner

Furniture / Fixtures value:
$30,000 - included in the asking price
Website:
Login or register to view link
Relocatable:
This business can be relocated.

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