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- RE: Entertainment & Event Lighting, Audio, & Video
- Contact: Sally Bergesen
Quick Facts
Asking Price: | $4,750,000 | |
Annual Revenue: | $2,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,350,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 951356 | |
Broker Reference #: | LAV2024 |
Business Overview:
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.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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