Get Lit Production Lighting Company For Sale

Detail information about the listing

FF&E:  119,450

Inventory: N A

Growth: GLP currently does about 20 percent of its revenue in the non-wedding event space (corporate events, dance competitions, fashion shows, etc.) with several repeat clients and annual events, but there is still room for further expansion in this space.

Further Details: Location:    Winter Garden, FL

Real Estate:    Leased

Building SF:    2,500

Lease Expiration:    6 30 2023

Employees:    5

Furniture, Fixtures, & Equipment (FF&E):    Included in asking price

Facilities:    See appendix for list of assets included in sale (valuing over 100K) which include but are not limited to chandeliers, lights, and dance floors.

Competition:    GLP is the only Lighting company to successfully traverse through all types of venues needing production lighting.

The forecasted increase in the Lighting industry is due to the onslaught of weddings after the Covid-19 pandemic. Analysts anticipate upwards of 2.6 million weddings to take place in 2022, up from 2.2 million in 2019. 

There are 2 other major competitors in the Production lighting space; one of which is primarily DJ company but expanding into production lighting.

There are 2 other major competitors in the AV space.

Growth & Expansion:    GLP currently does about 20 percent of its revenue in the non-wedding event space (corporate events, dance competitions, fashion shows, etc.) with several repeat clients and annual events, but there is still room for further expansion in this space.

Financing:    No Seller Financing Offered

Support & Training:    The seller agrees to support an onboarding period depending on the type of buyer and amount of experience in the event industry.

Reason for Selling:    Need more time with Family on weekends (wedding industry usually has weekends bo

Business Website:    https:  getlitproductions.com