Entertainment & Event Lighting, Audio, & Video Production Company

King County, WA

Seller Financing Available

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Asking Price:$4,750,000
Gross Revenue:$2,000,000
Cash Flow:$1,350,000
BUSINESS DESCRIPTION

Strong Repeat Customer Activity - Limited Competition in Marketplace

This company is a backstage pass to some of the Puget Sound's leading entertainment and corporate events. Grown steadily for decades, by the same owner/operator, this is a rare opportunity to acquire one of the industry's most respected providers of lights, audio, and video for top promoters and venues. Historically, the owner has not pursued sporting events, but the category represents a significant growth opportunity.
With reputation for quality service and strong relationships built since before the turn of the last century, the business is seeing exponential organic growth, with adjusted cash flow for 2024 projected to be $1million+, with almost all sales coming from recurring revenue and repeat clients. The operations are efficient and scalable, as the owner taps into a loyal and experienced community of subcontractors, depending on the venue and/or type of event.

The owner maintains state of the art equipment in a 2,200 square foot building, along with three trailers/vehicles. Overall, the business is ready to level up with a new owner who wants to combine their ops and marketing skills with a passion for entertainment and technical production.


DETAILED INFORMATION
Location
King County, WA
Inventory
Not Included in asking price
Financing
The seller will finance a portion of the sale price for a qualified buyer.
Support & Training
The seller will provide an appropriate amount of transition training/consulting to smoothly facilitate a transfer of ownership.
Reason for Selling
Retirement
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Gregory
Kovsky
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Gregory Kovsky