Award Winning Event Production Company

Oregon
listing image
Asking Price:$1,200,000
Gross Revenue:$1,117,050
EBITDA:$417,000
Cash Flow:$492,351
Rent:$1,596/Month
Established Year:2014
BUSINESS DESCRIPTION

WellProduced, Inc. (“WPI”) (pseudonym) is a well-known producer of high-end specialty corporate, nonprofit and ceremonial events in Oregon.

Over the past ten years, WPI has developed a diverse and broad base of clientele. There is no material customer concentration. A well-deserved reputation for excellence and high levels of customer service drive vibrant repeat and referral-based revenue. WPI is well recognized as the regional leader in its market segment. A team of highly skilled personnel deliver excellent experiences to an affluent and discriminating clientele.

The dynamic market served is highly desirable and growing, as the ongoing in-migration of affluent individuals and new businesses into Oregon is expected to continue, making the regional and state business climate increasingly attractive for businesses like WPI.

Acquisition of the WPI business provides a rare opportunity to acquire a well-positioned and proven operation and take advantage of its highly efficient business processes to grow the proven business model and capture plentiful new market opportunities.

After ten successful years, the business owners are ready to transition into new endeavors, thus making the WellProduced business available for acquisition. Excellent post-closing transition support is available.

For qualified buyers, the Business has been approved for low down payment SBA guaranteed purchase-money financing, as well as a $100,000 line of credit by Live Oak Bank.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
734
Lease Expiration
31/12/2025
Employees
7
Competition
Excellent and improving.
Growth & Expansion
Growth opportunities are plentiful. the current owner has managed the business somewhat as a "lifestyle" business in the last year or so. Regional and statewide expansion opportunities are readily identifiable with additional marketing by an ambitious new owner. The addition of new products and services to the established base business should also open multiple opportunities for growth.
Financing
For qualified buyers, the business has been prequalified by Live Oak Bank for low dow
Support & Training
Exceptional transition support is available.
Reason for Selling
After 10 years in operation, the current owner is simply interested in exploring
Report an Issue with this listing
profile-img
Michael
K. Sipe
logo-img
Michael K. Sipe