| Asking Price |
$166,000 | Inventory |
$3,552** |
|---|---|---|---|
| Gross Income |
$165,734 | Real Estate |
|
| Cash Flow |
$85,678 | Year Established | 1990 |
| FF&E |
N/A | Employees | 1ft 5pt |
* included in the asking price
** not included in the asking price
This is a great little hospitality business that is well established in the area that can be operated out of your home or using a small leased storage unit. They provide a service used at events that have a great impact on the success or failure of the event. They offer a professional quality service that is used year after year by their current customer base for their events. There is plenty of opportunity to grow the business from its currently very profitable base. Full details will be provided as to the nature of the business once a non disclosure is in place. Until then the actual service provided needs to remain unknown to protect the confidentiality of the current owner and their business.
Facilities: The business is currently operated out of the current owner's home. If storage room at your home would be a problem a small storage unit somewhere nearby is all you would need to operate the business.
Competition: They have limited competition. Since 1991 they have a built a great reputation by providing a quality professional service to their large client base. They have both direct and indirect relationships with a large number of clients that use their services year after year for their corporate or private events. To protect the confidentiality of the Seller due to the small number of providers of their service in the area I cannot disclose the actual type of service they provide until a Non Disclosure is in place with any potential buyer.
Growth/Expansion: Growth and expansion is very possible. The current owner is not actively pursuing additional business outside her already well established group of clients and referral base. Any new owner will be provided a host of ideas to grow the business. Any new business generated could dramatically increase the revenue and bottom line return of the business. Currently the net owner benefit after expenses is above 50%. Historically speaking, every additional dollar increase in sales should translate to over fifty cents in net owner benefit to the new owner.
Financing: Seller willing to consider some owner financing or hold back.
Support/Training: Seller is happy to provide transitional training and support to the new owner to help assure a smooth and profitable transition of the business to the new owner.
Reason Selling: Seller wishes to retire

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