Emerging Mobile Bar Business with High Profits & Expansion Potential
| Asking Price: | $299,000 |
| Established Year: | 2023 |
Turnkey Mobile Bar Business with Strategic Partners & Leads
Note: To inquire with questions or receive additional information, please submit proof of funds and sign NDA.
Business Overview:
Sip Social IE is a less than 1-year-old mobile bar service operating in the vibrant Southern California event market. Despite its recent launch, the business has already established high profit margins and strong partnerships, positioning it for significant growth. Specializing in customizable beverage experiences for weddings, corporate events, and large-scale venues, Sip Social IE offers a unique opportunity for a new owner to capitalize on its rapid success and high growth potential.
Key Features:
Turnkey Business: Fully equipped with 2 Sip Social carts, each featuring 7 keg taps and 4 kegerators, along with a nearly new 6x12 foot trailer for easy transportation and setup.
Exclusive Partnerships: Secure partnerships with high-traffic venues including a 5000-seat stadium in Orange County and UFC Gym, providing consistent bookings and high revenue potential.
Strong Profit Margins: Boasting an 80% gross profit margin, this business offers excellent profitability with low overhead costs.
Established Brand: A well-recognized brand with a strong social media presence, existing leads for future events, and strategic contacts in the industry.
Scalable Operations: With new relationships formed with a major production company hosting large events, the business is primed for expansion into new markets and additional venues.
Existing Customer Leads & Strategic Partners:
As part of the sale, you will receive a list of existing customer leads, providing immediate revenue opportunities, and a comprehensive list of strategic partners to ensure smooth operations and ongoing business development.
Financial Performance:
Revenue Potential: Sip Social IE generates significant income with event rentals starting at $1,500 for a 4-hour event, $2,250 for a 5-hour event, and $2,650 for a 6-hour event.
Diverse Revenue Streams: Beyond event rentals, the business capitalizes on exclusive UFC Gym events and stadium sales, offering diverse and reliable income streams.
Growth Opportunities: There is substantial room for growth, whether by increasing the number of events serviced, expanding geographically, or introducing new product offerings like themed mocktails.
Why the Owner is Selling:
The current owner is selling Sip Social IE to raise capital for the expansion of another business venture. This sale presents a unique opportunity to acquire a thriving business with strong existing revenue streams and significant growth potential.
Why This Business?
If you're looking to step into a business with established revenue streams, strong profitability, and growth potential, Sip Social IE offers an exceptional opportunity. With a robust operational foundation, exclusive event partnerships, existing customer leads, and strategic partner relationships already in place, a new owner can enjoy immediate income while exploring opportunities to further expand and scale the business.
Ideal Buyer:
This opportunity is perfect for an entrepreneur looking to enter the event services industry or an existing business owner wanting to add a profitable and growing operation to their portfolio. Experience in event management or hospitality is a plus but not required.
