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Listing Broker Information
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David P Celona
Managing Partner
David Celona is a Sr Business Broker and Commercial Funding Specialist with more than twenty five years experience in Business Acquisitions and / or the related Commercial Financing. Mr Celona is a former Independant Business Consultant for Financial
Institutions as well as for Business and Industrial clients
in The US. As a devoted advocate of Small Business he has provided Commercial Funding, Business Acquisition and Consulting Services for businesses across a broad spectrum of industries, as well as providing Pro bono Business Consulting Services for small business owners. He is a former Senior Vice President and Manager of The Lending Division at a Regional Financial Institution. And he has owned, operated and sold several businesses. Mr Celona has held various positions as Director of Marketing; Director of Business Operations; and Director of Finance with middle market companies located in Pennsylvania, New Jersey,
Rhode Island and Massachussetts
He is a Member of The International Business Brokers Association (IBBA) and The American Business Brokers Association (ABBA).
email:
davidcelona@EnterpriseBusinessExchange.com
phone: (609) 345-7474 / Direct: (609) 214-1441
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 Contact Information |
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BusinessesFor Sale
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Listing Information |
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| Event Planning Company |
| Listing ID: 71-1670 |
Location: Philadelphia Area |
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Brief:
Well established, Full Service, Event Planning Company. It is a Turn-key business with a very experienced and talented staff in place. This company specializes in planning a wide variety of Corporate and Private Party events. |
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| Listed Price: |
$210,000 |
| Total Sales: |
$610,614.00 |
| Seller's Discretionary Earnings: |
$71,172.00 |
| Fixtures Furniture, & Equipment: |
$25,000.00 (Included in Listing Price)
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| Real Estate: |
$0.00
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| Inventory: |
$75,000.00 (Included in Listing Price) |
| Financing / Terms: |
Some seller financing will be considered. |
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Business Information |
| Year Established: |
1985 |
| Number of Employees: |
2 Full Time / 3 Part Time |
| Days and Hours of Operation: |
Mon - Fri 10:00 AM to 6:00 PM Sat & Sun as required |
| Relocatable: |
Yes |
| Franchise Information: |
n/a |
| Facilities / Location: |
The business is housed in a 7000 SF
facility, consisting of Office Space and Warehouse. It has an in-house Spray Paint Booth with a modern
ventilation system, an Art Room and a
Walk-in Box. It is located in a heavily populated area with ample off street parking. |
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Lease Information |
| Lease Expiration Date: |
1/1/2010 |
| Option: |
New lease to be negotiated |
| Monthly Rent: |
$2,800.00 |
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| Additional Information |
| Reason for Selling: |
Semi-retirement |
| Business Description: |
This is a well known event planning company with an outstanding reputation for providing quality events and outstanding customer service. The company plans private and corporate events with about a 50/50 client mix.
Their event planning includes Bar Mitzvahs,Bat Mitzvahs, Weddings, Corporate Events,Fund Raisers, Conventions, Proms and other Special Events.
Their artists and party decorators make their own one of a kind props. They have been recognized in "The Philadelphia Business Journal" and have earned an excellant reputation resulting in a high percentage of repeat business. |
| Potential for Growth: |
The potential for growth is very good. The business can be expanded by combining it with a floral shop which is a natural extension of the existing business. It has a large base of untapped potential in the corporate
sector of the market that can be targeted with a well focused marketing effort. There is also room for significant growth in the Bridal and Wedding Planning Market Sector. |
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