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Award-Winning Event Planning & Rental Business

Award-Winning Event Planning & Rental Business
Listing
1772
SOLD!
Acquired By
Individual Buyer
Middlesex County, MA
Revenue
$3,135,275
Cash Flow
$1,026,848
Asking Price
$2,650,000
Asking price details
Includes inventory estimated at $1,000,000
Sold Price
$2,600,000
Business Description

This event planning and rental business is an award-winning, full-service company that specializes in customized event design and décor, which includes designing and fabricating unique props, furniture pieces, bars, and graphic products.

The company producers design events with customized proposals, quotes, and floorplans. They then coordinate the event set up with in-house crews. The in-house crew fabricates custom signage, décor pieces, furniture and bars, and stage sets. The crews deliver, set up, and tear down props under the supervision of producers, ensuring consistency of contact with every client. Coordination with other vendors is also available upon request.

There is a talented in-house team of designers, producers, fabricators, and artisans in place that provides clients with endless opportunities to personalize their event. Set up and tear down as well as vendor management is also handled by this company, creating a cohesive, streamlined client experience.

Growth Expansion and Opportunities
One option is for the new owner to build out the rental department more fully to compete head-to-head with the few rental companies in town.
Another option would be to rebuild the DMC services, the company did this prior to the pandemic as there are no DMCs in Boston with their own product. The current owners have been too busy since their “restart” after the pandemic to return to selling DMC services, but with proper sales and marketing, it could be highly successful.
Support & Training

The seller will provide training and support to ensure a smooth transition

Broker

Stephanie Bloch, MSW

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  • Award-Winning Event Planning & Rental Business

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