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Fashion Institute for Sale in Los Angeles, United States

Company produces conventions for the acting and modeling industry based in LA is for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.8 million
Run Rate Sales USD 1.8 million
EBITDA Margin 40 %
Industries Fashion Institutes
Locations  Los Angeles
Local Time 4:25 PM US / Pacific
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: USD 2,000,000)
Reason: Owners would like to retire.
Includes physical assets worth USD 15 thousand
Interested to connect with advisors
Documents
Business Overview

- Industry leader in showcase conventions with a long track record of starting careers of the biggest stars today, including Ariana Grande and more.

- 20 years in business highly successful with built-in repeat business. The sale includes client lists, event software, social media, a turn-key operating system. 5 star rating on Google.

- Current owner retiring but but willing to consult to train and educate new ownership all aspects of running the business. the field of acting, modeling, singing, and dancing.

- Attendees approx 1,500 people annually. We have a database of 30,000+ members.

- There are no business loans or debts taken by the company.

- Company has two directors, each holding 50% shares of the company.

- Promoter has more than 42 years of experience in this industry.

Products & Services Overview

5-day talent convention provides celebrity industry coaching, showcase events for actors, models, singers and dancers. Networking events for aspiring talent and the agents, managers and casting directors, and music industry professionals who sign them.

Assets Overview

Intangible assets: Convention materials, social media ownership, CRM system, established member base, media assets.

Facilities Overview

Event is contracted at a top hotel in Southern California with guaranteed meeting room space and sleeping rooms for this year, with option to extend.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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