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#Business ID: 13890

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Corporate Meeting Planers & Corporate Audio & Video Sub Contractors

Business Location: Orlando, Florida, United States

Asking Price: $ 975,000 Revenue: $ 796,650 Cash Flow: $ 225,000

Business Summary

This company offers a complete and total package for exhibition or corporate meeting planers from initial concept to the supply of all staging, curtaining and the latest sound and video equipment that is supplied from its own fully owned inventory. The business is run by two partners who supply all first class equipment and a high class of technicians that have a track record over years of assisting planners to not only put on first class meetings but to come in under budget and to take the stress out of this type of function that is now part of corporate America's way of life. This business is ideal for a bolt on to a large exhibition company or a company that is in the planning business and would like a department that is capable of servicing all of the business that comes into Florida or the entire South of the USA. One partner is also willing to remain with the business and a part buy out may be an option. Florida offers the best value for corporate meetings and this company offers the best value and piece of mind to the planers.For the month of July this business grossed $400,000 and one meeting was for a client that had 18,000 of its staff at one venue and this was an unbelievable success and will lead to a host of referrals.

The business is located in 4,900 S/F of air conditioned dock high warehouse and offices that are very close to all of the resorts and the Orlando convention center. Very nice offices that have room for clients meetings and can service any part of Florida in just a few hours. Sellers own the facility and will rent or sell the property as required.

Property Details

Years Established:

2000

FF&E:

$ 500,000

Other Business Details

Competition:

Florida and the Orlando convention center and all of the large resort hotels including the Miami and Kissimmee corporate meeting centers and resorts are expecting a boom in business as more and more of corporate America are turning to family style facility's to hold their meetings, and Florida is top of the list, not only because of the weather but because of all of the attractions and golf courses that are here. There is also great costs to be saved by using a company that can offer the one stop shopping that corporate meeting planers desire and love. This business supplies from its own in house equipment everything that is required for a planner to run a successful meeting for ten people to ten thousand people. Not only the sound and video equipment but stage and stage design is also offered. All equipment and transportation is owned by this company and few companies have as much backup equipment on hand so that a planer can feel comfortable in fact that they are in the hands of professional people that pay attention to detail and have the experience to make sure that all goes well on the big day.

Business Operation Details

Employees:

10

Support & Training:

This is a unique business that requires a multi talented operator and one or both owners of this business will stay and assist long term or for as long as required to hand over in an orderly manor.

Miscellaneous Details

Financing Available:

Yes
$275,000 @ 5% 5 years

Reason For Selling:

One of the two owners requires to leave the business for health reasons.

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