This is a great opportunity to acquire an established highly-profitable and fun business with a lot of flexibility and up-side potential!
The current owner established this business in 2000, incorporated it in 2005 and is now looking to retire. The business specializes in providing entertainment equipment and services for corporate and private events. It is showing significant growth even during the current economic downturn.
New business is generated through a professionally-developed SEO’d website, word-of-mouth referrals and marketing efforts. There is a long-standing repeat customer base.
The business is busiest from mid-May to the end of September each year and requires the owner’s presence during this time. During the rest of the year, the owner often goes away for a few months and manages the business remotely, relying on his one full-time employee and part-time contractors. There is also a spike of activity around Christmas time.
The owner does mostly sales, marketing, logistics and customer relations. He relies on his employee and sub-contractors for the physical set up and facilitation of events. During the busy season, the owner is in the office Monday to Friday from 8:00 a.m. to 2:00 p.m., and manages the business remotely the rest of the time.
The equipment of the business consists of a variety of entertainment equipment, such as bouncy castles, arcade games, laser tag sets, karaoke machines, etc., as well as trucks and trailers that are used for transporting the entertainment equipment to customers. The equipment was accumulated by the current owner throughout the years and can easily accommodate an increase in business volume.
There are no special licenses or skills needed to operate the business. The seller has agreed to assist the incoming buyer with one month of training to accommodate a smooth transition, and will also be available for consultations afterwards.
The business will be sold on an asset-sale basis. The seller is offering up to $100,000 of owner financing to a qualified buyer.
Asking Price $350,000
You May Also Like
Franchise Trampoline Sports Complex With Great ROI #395485 posted Dec 3, 2015
- California, United States
Major opportunity to participate in a large scale concept that has a proven three year return. This opportunity appeals to people of all ages who are eager for a relatively inexpensive activity and exercise. The location is grossing at a rate of nearly $4,000,000 per year with a consistent (and amazing)...
Children’s Indoor Amusement Center in Wayne County #450563 posted Jul 28, 2016
- Michigan, United States
This amusement center was established less than a year ago and is already showing strong profitability. The owner has developed a proven business model that will allow for an easy transition to a new owner. The center has received numerous positive reviews in the time it has been open with praise given...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.