Special Events Service Related Company with Storied History & Unparalleled Reputation
Irvine, CA
NDA & Profile
Executive Summary
Asking: $5,500,000
Gross Revenue: $7,000,000
Potential Cash Flow: $878,000
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.
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.
Accounts Receivable Included In Asking? No
Facilities
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.
Competition
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.
Growth & Expansion
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.
Support & Training
Seller will train for 4 weeks at 30 hours per week or as negotiated
Mergers & Acquisitions, Valuation & Exit Planning for the Lower Middle Market.