Location: Mount Sinai, New York, United States
Industry: Business Services
Revenue: $1,000,000
Financing for buyers: No
Year Established:
Employees: 1
Home based: No
Re locatable: No
Startup business: No
Loan desired: No
Investment desired: No
The Company is a Corporate Event Productions company founded in 1977. The firm produced eleven Inaugural Balls and four Presidential Dinners for the Inaugural of President Clinton. Its past clients include Sony, Marriott, the American Bar Association, Pfizer, and other Fortune 500 companies. The founder is looking to work with another firm so that he can focus his efforts on managing events rather than on sales and business administration.
The founder does not require a significant payment upfront. He is looking to be compensated almost fully on an earn-out and salary basis.
The founder brings to the table significant client relationships; a track record of successfully creating, designing, and managing large-scale events; and a network of relationships with service providers for such events. He represents a compelling and low-risk opportunity for any company that can leverage his unique capabilities.
Over the last five years, his firm has produced between $800,000 and $1,500,000 in annual revenues and enjoyed gross margins of approximately 40%. Although the founder is the main sales, creative, and managerial force within his firm, he has in the past employed a lean staff. Presently, however, he works by himself.
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