80% Absentee Owner - Entertainment Services for Private Events

Nassau County, NY
Full Team

Seller Financing Available

Asking Price:$150,000
Gross Revenue:$130,000
Established Year:2021
Cash Flow:$90,000
Inventory:$30,000
BUSINESS DESCRIPTION

With Staff - 30k Equipment & Company Van - 70% Margins - 8K Followers

Selling a fully setup business in the Entertainment Industry. (Weddings, S16s, Corporate Events)
We have niche service(s) of entertainers for all types of Private Events.

We carry no physical storefront other than a small storage unit. We have about $30k in equipment fully paid off, including a fully Wrapped Van. No debt.

Staff is part-time as their usual work days are Friday-Saturday-Sunday for an hour at each event.

Owner manages bookings and takes calls (which are all inbound. We do not pay to get leads or even attempt to solicit more business. Upside is definitely high.

Margins are very high above 70%, the workload on the employees is ridiculously easy and they love when they get work because we pay very, very well and turn a profit.

Happy Employees and Happy Clients + Little Owner Work = Happy Life


DETAILED INFORMATION
Location
Nassau County, NY
Inventory
Included in asking price
Employees
5
Facilities
All Assets to keep the running business smoothly. Can discuss all assets in a conversation.
Growth & Expansion
Growth is easy for a new owner that wants to call/generate new leads and business and/or provide more services and performers. We do no external outreach, every lead is internal.
Financing
Minimum 70% down, Will hold a note at Market Rate for 1 year.
Support & Training
Can provide up to 6 months of paid training.
Home-Based
This business is Home-Based
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Yianni Bachas
Yianni Bachas