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Prolific Entertainment Company Kings County, NY 32459

Kings County, NY

Prolific Entertainment Company Kings County, NY 32459
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Asking Price: $675,000

Cash Flow: $250,000

Gross Revenue: $950,000

EBITDA: N/A

FF&E: $300,000

Inventory: $2,000*

Established: N/A

*not included in asking price.

Prolific Entertainment Company Kings County, NY 32459

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Business Description

Entertainment and Party Rental Business in Brooklyn

This New York City entertainment company has been in business for 26 years. They are a family run business planning and performing at kids parties, Bar Mitzvahs, weddings and corporate events. They have grown their business into one of the largest parties and events services companies in New York, and they do over 1,000 events each year. Chances are, if you've thrown an event in the past, you very well might have used this company. This is a must see for anyone with a sales and/or catering background.
Some services they offer are :
- Magicians
- Face painting
-Bounce House
-Photo Booths,
-DJ's and EMCEES
-Casino Games and Dealers
-Party Planners
Virtual Reality Games
Equipment Rentals
And more!
They have seven professionally done websites to target a tremendous amount of traffic. Their Customer Relations Management (CRM) software is top notch and they have over 10,000 names in their database. The owners spent countless hours on their SEO (Search Engine Optimization) so they always are seen on the first page of any google search. The way their system is set up, they are always gaining new leads and potential clients. Take for example their Photo Booth Service. When somebody takes a picture in the booth, they are required to fill out basic information like email, so we can email you your pictures. Now that this information is stored in their data base, and these potential clients can be contacted with sales promotions. Due to this very strong data base, this business is totally scaleable. A good salesman can bring this business all across America. The upside potential is huge.
The space is about 5000 square feet in size and the rent is $8000, but the owner currently subleases about 1500 sq ft for $3600, so they are only paying $4,400. This space is mostly used to store all of their event equipment. You can practically run this business from your home!! There is 5 years left on the lease with an option of a 10 rear renewal. They have almost $300,000 in equipment such as 3 Vans, DJ equipment, photo booths, and virtual reality equipment. The owners are willing to stay on for one month to give extensive training.

If you have experience in sales and catering please do not hesitate to inquire about this business. Please contact Ross Lombardo at 917-881-7441 or email rlombardo@vestedbb.com.

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Location:
Kings County, NY
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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