FOR SALE MULTIREGIONAL FULL SERVICE
EVENT PRODUCTION COMPANY; REAL ESTATE AVAILABLE:
The Seller has grown this company with his team as the event production industry consolidated in the past several years. Then continued its growth through the Covid-19 period in 2021 and 2022. Then continued its growth in first half of 2023 and experienced a slow down attributed to a great extend by the unique post-covid phenomenon of “Funflation” for Live Events (sharp price increases for to a recapitalization slowdown of a large account . popular live events). This caused a large customer of the Seller to cancel events and seek recapitalization. They are expected to return back in 2025.
2024-2025 Growth: They have started 2024 with
Commitment to build a more diversified customer base by capitalizing on their regional capabilities. They leveraged this initiative by expanding their Sales and Business Development team. Based on the 2024 YTD event commitments by existing and new customers, they anticipate a 2024 revenue in the range of $2.75 -$3.0 million with a potential significant upside up to $4+ million in 2025 when their significant customer resumes production (this growth is graphed on the one-page summary.
MARKET PRESENCE: This company has a multi-regional presence extending from the Midwest to the Northeast, Southeast, and selected areas of the Southwest and West regions. The company is supporting its service capabilities from its own warehouses and via the use of independent sub-contractors.
SIGNIFICANT BUSINESS SEGMENTS: Event Producers, Sports Franchises, Universities, Businesses, Civic Organizations and Associations, Virtual Events, Equipment Rentals, and some Repairs.
REASON FOR SALE: The founder of the company is approaching retirement age and would like to sell it at a time when he can stay around and assist in the transition process as well as serve as a consultant to the new owner while managing selected significant accounts as it might be needed.
CUSTOMER RELATIONSHIPS & REVENUE HISTORY: This long-established company has had a loyal customer base with a variety of relationship durations ranging from less than 3 years to over 10 years. Some customers are serviced under multi-year contracts while others are under verbal agreements based on long-term relationships and mutual trust.

Please review the attached Business Review Summary for more details, and if interested, plese provide NDA ad Buyer profiles for further information after we get the Seller’s concurrence.