Event Company for Sale Specializing in Speed Dating Parties
Chicago
area
Event Company for Sale
This company has been hosting speed-dating parties for 7 years and includes a massive database of roughly 50,000 singles. The current owner is demonstrating that this is a Recession Proof Business - even with the economy the way it is, people are still looking to connect with others for fun and romance and as a result, this business hasn't skipped a beat!
The current owner has the business poised for nationwide expansion through franchising and it is already registered in 34 FTC states - You can start selling franchises right away and create royalties and residual income.
You can operate the day-to-day aspects of this business from home or any location.
The current owner only works part-time because she has recently started a family and has had 3 children in the last 3 years. With nearly 8 million people in the Chicago metro, a full time operator could easily double sales for this area.
One option for a new operator is simply hosting more parties. The current owner chooses not host more parties so she can work part-time and spend more time with children. To get an idea what one party can yield: A "conservative" party can gross around $3,500, with roughly $700 in expenses, you’re left with a gross profit of $2800 per party and some parties even do more!
Asking
price:
$199,000.00
Gross
annual sales (approximately):
$145,571.00 (2006)
Cash flow or net (approximately): $68,470.00 (2006)
Value of furniture, fixtures & equipment (approximately): N/A
Building, Property, Lease details (approximately): The current owner operates out of her home office and can easily be relocated virtually anywhere in the world. It is not necessary to lease a space for this business.
Cash flow or net (approximately): $68,470.00 (2006)
Value of furniture, fixtures & equipment (approximately): N/A
Building, Property, Lease details (approximately): The current owner operates out of her home office and can easily be relocated virtually anywhere in the world. It is not necessary to lease a space for this business.
Seller
Financing:
Owner may discuss some financing with
qualified buyers.
