Contact Information

 

 

Nat'l Corporate AV / Staging / Event Mgmt. & Rentals

Resized
  • Listing# : 12852
  • Listed Price : $15,000,000
  • Total Sales : $23,250,079
  • SIC : 7389
  • Down Payment : $15,000,000
  • Status : Active
  • Discretionary Earnings : $2,892,362

Business Type :

Business Services / Production/Staging; Rental Business

Business Description :

Founded by the current owner in 1984, this successful national B2B services provider is a leader in Audio Visual, Staging and Event Management Services to Corporate Canada and related agencies. It also operates an Equipment Rental business which generates a strong annual renewable revenue stream as the service provider to over 2500 corporate end user clients. These relationships operate under multi-year contract commitments with the company. FY2018 marked an expansion into the United States Market. In 2016 and 2017 this firm made 2 local strategic acquisitions which have added value and new customers to the business. Consolidated results are now available for the full 2019 fiscal period. The business has 3 divisions and employs over 125 skilled staff.

The business has delivered strong revenue and profits and cash flow every year in recent history and is anticipated to increase again in FY2020. Sales revenue in FY2019  and FY2018 exceeded $23 Million and produced a normalized cash flow of $2.9 Million and $2.4 Million respectively. The company has begun an initial US expansion. Equipment market value exceeds $8.4 Million with a book value of $5.6M and original cost over $16.5M.

This acquisition suits a private equity firm who wants to rely on the existing management team or a strategic investor already in the sector that wants to expand their footprint and client base.


Assets/Liabilities:

    • Accounts Receivable $2,193,344
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $5,500,000
    • Incl : Yes
    • Liabilities $9,768,405
    • Incl : No
    • FF&E $5,590,505
    • Incl : Yes
    • Other: $3,021,765
    • Incl : Yes
    • Leasehold $0
    • Incl :
    • Total Assets $14,112,270
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Business Services, Rental Business