37471

Financial & Assets Details

About the Business

Business Description

This New York City Company is a turnkey special events concierge service provider who specializes in managing event planning and fine food catering of private parties for high-touch, mid to high-level profile corporations, organizations, and individuals. The company’s primary services include full-service event planning, which includes: Audio/visual, catering, decor and design, destination management, entertainment, RSVP management, security, transportation and venue coordination. They operate from two leased locations, a 1,500-square foot office space in mid-town Manhattan, which is the center of operations, and a 1,000-square foot basement which the company uses for equipment and inventory storage, and dishwashing. Offering these services requires passionate, creative personnel with exception organizational and communication skills, and talented IC such as food preparers who consider the presentation of food and drinks as an art. The company has a proven track record supported by a loyal customer base and testimonials written by hundreds of satisfied customers over the years. With its broad range of services, the company’s marketing efforts focus on targeting high-end businesses, organizations, and private individuals within Manhattan, and some of the surrounding boroughs. Revenues have been increasing over the past five years averaging 9% annually. Last year, the company’s total revenue was $1,276,149 with Discretionary Earnings of $382,615. With a large customer base and solid reputation, the company continues to attract new customers while maintaining a very loyal client base.

Seller Financing

Negotiable for the right buyer

Support & Training

The current owner will be available up to one year, primarily he oversees operations. The rest of the employees are quality control and oversee each event and give direction to ICs and vendors.