Business Description
An 11-year-old Midwest design and fabrication studio specializing in themed environments, interactive activations, immersive experiences, conceptual design, and fiberglass fabrication is for sale. Nearly 30% of revenue comes from fiberglass fabrication, while 70% is from other services.
The owner is having to pass on multi-million dollar contracts due to not having the working capital and bandwidth to service the jobs, therefore he would ideally like a partner to buy majority equity and help with some operations, while he also operates to scale those large projects and oversees design. Ideally the buyer has access to capital to continue funding growth on these large project opportunities post-close. He feels he has taken the business from “zero to one” and now needs a partner to take it to the next level.The company already has large clients and partnerships, some with master service agreements (MSAs). It has a few competitors but also maintains good relationships with them, often acting as a subcontractor on their projects.
The company is also authorized to sell to the US government. Project sizes can range from $100k to multi-million, and the average job size in 2023 was $120k. After the covid pause of in-person events, the owner is now seeing large events surge, with corporate brands creating more designs at conferences and brand activation events. The surge in events is creating year-over-year financial growth. He expects this trend to continue and be able to service larger jobs in the coming years.
The company comprises a highly skilled team of over 50 employees, with a senior management team in place. Ideally, the investor would possess the knowledge or resources to provide professionalization in HR, accounting, taxes, and other business management processes and strategies.
| 2021 | 2022 | 2023 | 2024 Est | |
| Revenue | $2,841,293 | $4,272,900 | $4,892,253 | $10,000,000 |
| Earnings | ($206,833) | $217,085 | $525,186 | $2,500,000 |
This listing requires seller approval for the CIM. We appreciate your patience as we receive approval and we will send you the CIM as soon as possible.