Builds and sets up stages for theaters, schools, places of worship, museums, theme parks, ...
Financials
Asking Price
N/A
Revenue
$28M
Earnings
$1.3M
Financial History
Headline
Theatrical Supply and Construction Company is a construction company that builds and sets up stages for various uses.
Clients
Their customers are theaters, schools, places of worship, museums, theme parks, TV studios, casinos, and auditoriums.
Revenue Type
Revenue is generated on a per project basis.
Reason for Selling
The company was founded by the owners in 1981 and they are looking to retire.
Looking For
The owners are brothers. One brother would like to fully retire and the other is open to staying on after in a contractual role to oversee the transition. They are looking for a full exit. They believe an AV company that is lacking high end lighting, curtains, and rigging would be a great strategic acquirer.
Other
The owners have kept EBIDTA lower than it could be a for tax purposes. The business suffered during COVID when no live events occurred but they have been continuing to recover. They are #4 in the US for sales in their industry. Their Electronic Theatre Controls (ETC) business is lucrative.