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For Sale: Event Company - Very Profitable, Successful - Marin County Area, California

  • Status: Active

  • Posting ID: 276793

  • 1/5/23

$1,199,000

Asking Price

Marin County Area Event Company - Very Profitable, Successful Business For Sale

Description

This is a once in a lifetime opportunity to own and operate a long-time profitable, absolutely fabulous, very successful event company! A 10-plus year family business that held monthly festivals for over a decade!

The event consists of a combination of food vendors, musical performances, and one of kind rare unique sales exhibitors from all over!

30-plus specialty food purveyors, extensive music stages, and over 6,000 approved exhibitors. All exhibitors are completely approved and vetted. The emailing list of attendees exceeds 70,000 guests! Currently based out of San Rafael, CA but offices can be relocated. High profit margins and a low overhead.

The festival was a Bay Area favorite that was packed with people from all walks of life including their dogs! Post Covid, the event ran less frequently but with a bigger footprint, which proved to ring the same numbers, and was also profitable and a huge success!!

. High Gross Margin Business
*. Immediate Cash Flow
*. Low Overhead
*. Turn-Key
* Motivated Sellers (looking to retire)

Website is being upgraded for a new owner and training is available upon request. This event venue is one of the first models of a monthly event in the Bay Area and a top favorite for exhibitors and attendees.

The business also has a very large, very low interest rate loan that may be assumable for cheap operating capital. This loan will transfer with the sale and the amount of the loan is $1,700,000 with an interest rate of 3.75%. This gives a new owner plenty of working capital to keep this business successful and expand to a higher level.

It is time to pass the torch for this fantastic opportunity so call today for more info!

To get more information about this Event Company - Very Profitable, Successful business for sale in Marin County Area please phone Cheryl Maloney (Intermediary, Agent - BRE License #:01966668) at 415-309-2722 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276793 on BizBen.com. In addition to phoning Cheryl Maloney , make sure you email Cheryl Maloney above to get more info about this Event Company - Very Profitable, Successful, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01966668. Vangaurd San Francisco.

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Contact

  1. Name: Cheryl Maloney
  2. phone iconPhone: 415-309-2722

Details

  1. Asking Price: $1,199,000

  2. Down: Call / Email

  3. Cash Flow: $490,000

  4. Revenue:   $1,500,000

  1. Area: Marin County Area

  2. City: None Given

  1. Attributes:

    Broker-Broker CoopRelocatable

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Related Links & Information Regarding This Posting

Email Cheryl Maloney Below About This Posting


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