Business Summary:
25 hours weekly! booking entertainment company Adjusted NET over $100k yearly.The company provides high-value entertainment as a 3rd party booking company to clients such as country clubs, corporate clients, weddings, local cities and municipalities among others. The business model is to receive 20% of each booking. Bookings total on average anywhere from $800-$2600.The current owner works remotely from their home-office and the business can be easily relocated as it is home based. The company has been around for 11+ years and only works with established bands & clientele. The company also remained cash-flow positive during COVID – now seeing an uptick with almost $110k in owner benefit January through September 15, 2023 (part-year).The Company provides entertainment to attendees and guests via a curated roster of over 150 bands that run the gamut – from rock, pop, R&B, Latin, country, reggae, Solo & Duets, national acts among others. The company also has a diverse roster of specialty acts including; Comedians, Magicians, DJ’s, Stilt Walkers, Hypnotists, Circus Acts, Jugglers, Astrology, Emcees, Celebrity Impersonators, Balloon Artists and much more.The current owner is willing to transition long-term and would entertain remaining to assist in a consulting capacity if the acquirer would like.Seller may consider some seller financing to a qualified acquirer.
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