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Mayfest, Inc.

Promoters of Performing Arts, Sports, and Similar Events with Facilities · Fort Worth, TX

Mayfest, Inc. is a business in Fort Worth, Texas, listed under promoters of performing arts, sports, and similar events with facilities, with 20 to 49 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $250K to $1.4M.

Public record

Industry
Promoters of Performing Arts, Sports, and Similar Events with Facilities (NAICS 711310, as reported by the business)
Location
Fort Worth, Texas
Staff
20 to 49 people (as reported in 2020 to 2021)
Local rank
#1 of 7 businesses in Fort Worth listed under promoters of performing arts, sports, and similar events, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Arts, Entertainment, and Recreation with 20 to 49 staff, bought 2023 to 2026. Based on 62 purchases.

Loans used to buy them

$220K to $1.2M

Middle loan about $500K

Estimated purchase prices

$250K to $1.4M

Middle price about $590K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Mayfest, Inc..

Financials of businesses like this

Average revenue

$6.6M

a year

Average payroll

$1.4M

21% of revenue

Average staff

41

people

US averages for promoters of performing arts, sports, and similar events with facilities with 20 to 99 staff, 2022 (478 businesses). These are not Mayfest, Inc.'s own figures; its own revenue and profit are what a valuation needs.

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Questions

How much is a business listed under arts, entertainment, and recreation worth in Texas?
From 2023 to 2026, businesses listed under arts, entertainment, and recreation with 20 to 49 staff sold for about $250K to $1.4M, with a middle price of about $590K, based on 62 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Mayfest, Inc.?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Mayfest, Inc. get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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