Business Summary
Renowned for its creative solutions and customer focus, this profitable 20 year old company has two unique primary business services. The first is the design, fabrication and installation of three dimensional elements for retail environments, museum/interpretive centers and theaters. This includes high-profile live, static displays, fixtures, theater, opera, film and corporate events. The second primary business service is event production that includes the planning, managing, installing and staging of thematic props for live corporate events. The Company has a highly coveted national and international customer base.
Financial History
2011 revenues were $10.13 million with an corresponding EBITDA of $1.34 million. This was a 65% increase in revenues from the 2010 level. The revenue gains were consolidated in 2012 while the Company invested in administrative and management infrastructure in order to increase its capacity by 25 to 30 percent.
The Opportunity
The owners have identified eight growth opportunities and twelve competitive advantages. The company increased its production capabilities in 2012 and is poised for continued profitable growth with a new owner. Two of the current four owners are of retirement age and wish to transition out of the business in the next 12-18 months. The remaining owners would like to continue on with a new owner and are willing to keep a minority interest in the Company. This combination of experienced management and production capabilities gives a new owner a turn key business. The Company would make an excellent add-on to an existing platform for a strategic buyer.
Property Details
Other Business Details
Business Location:
Warehouse and Manufacturing facilities are located next to major freeway access.
Business Operation Details
Trading Hours:
8:00 am to 5:00 pm Monday - Friday
Support & Training:
Owners will stay on for 6-18 months to train at current salary
Miscellaneous Details
Financing Available:
Yes
Depending on Buyer qualifications Sellers will finance.
Reason For Selling:
Several owners are of retirement age.