Phone: 03 9569 2883
Mobile: 0419 910 099
Accord Business Brokers
Unit 3, 22 Fallon Street,
Caulfield, VIC 3162
Phone: 03 9569 2883
Fax: 03 8677 0868
Leisure/Entertainment for sale
EVENT ENTERTAINMENT BUSINESS READY FOR MAJOR GROWTH
This business has been run as a hobby/sideline since its inception about ten years ago. As such it has never got close to realising its potential. The vendor has now decided to put the business on the market because demand and growth require more time than he wishes to devote to the business as this detracts from his ability to follow his chosen career.
It represents a great opportunity for a person who wishes to operate the business full time to acquire a business set for rapid growth. The growth that can be achieved by a full time owner/operator will ensure the lucky purchaser a quick return of his investment and a substantial ongoing profit and significant gain if it is sold again when the growth has been achieved.
The asking price is realistic both in terms of current activity and the excellent potential for rapid growth.
Business Description Summary:
This event entertainment business started life as a schoolboy hobby about ten years ago. In its infancy it provided for taking photographs and transferring them instantly onto magnets, along with text selected by the customer. This model of instant and on the spot production and customer satisfaction has remained the hallmark of all aspects of the business to this day.
There are three main revenue streams.
• The photographs on magnets mentioned above.
• The production of flip books
• Passive income for service offered to clients and sub contracted for commission
All services provided by the business are fully described in the information memorandum which will be sent to interested parties.
The company does not occupy premises and the business is run from the owner’s home, with equipment and supplies being stored in the van and on private premises, and does not require a large space.
Plant/Equipment / Fittings:
The plant and equipment, fully listed in the information memorandum is included in the asking price. The equipment is compact enough to transport to remote locations, but equipment is normally hired for events in cities other than Melbourne and Sydney.
The Vendor has estimated a value of $48605 for the fixed assets. There is an amount of approximately $15,000 owing on the van, which will have to be taken over by the buyer.
The Business has shown determined growth despite being run as a sideline. The six months to December 2013 shows the first signs of the true potential of the Business. Sales on an arithmetically projected basis for a full year to June 2014 represent an increase of over 60% on June 2013.
Not only is there already organic growth occurring and potentially at much higher rates of growth, there is an opportunity to continue the expansion of revenue with passive additions to the range of products and services. This would enable a buyer to immediately have a good living income while growing the business to whatever level suits.
***** ***** ***** ***** *****
To receive ADDITIONAL INFORMATION on this business, please contact Steve Lentin:
Email Click to email.
- Business Category: Leisure/Entertainment
- Business Sub Category: Amusements
- Turnover: 200000