Special Events Lighting Company
Relocatable, CA Los Angeles County
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- RE: Special Events Lighting Company
- Contact: Ryan Clark
Quick Facts
| Asking Price: | $5,500,000 | |
| Annual Revenue: | $7,300,000 | |
| Net Profit: | $1,600,000 | |
| Cash Flow: | $1,700,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $78,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1983 | |
| Employees: | 63 | |
| BBN Listing #: | 950138 | |
| Broker Reference #: | LALIGHT |
Business Overview:
This award-winning events lighting company specializes in creating captivating lighting designs for some of the globe’s most prestigious occasions and business events as well as 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.Their team transforms event venues with enchanting lighting solutions tailored to each client's vision, setting the standard for excellence.
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Property Features and Assets:
This opportunity’s 14,800 square foot location leases for $23,795 per month on a lease until July 2026 with options to be negotiated in the sale. All of the company’s furniture, fixtures, equipment and goodwill will be included in the sale.
Market Competition and Expansion:
As Los Angeles 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.
Reason for Selling:
RetirementAdditional 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
Documents:
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