Destination Wedding Planning Business for Sale
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Background
| BizEx ID: | BizEx1436-JC |
|---|---|
| General Location: | Honolulu, HI |
| Category: |
Other Personal Services |
| Years in Business: | 18 |
| Under Present Owner: | 8 |
| Hours of Operation: | |
| Owner Hours: | 2 hours per day/total 10 hours per week |
| Training: | 2 weeks @ hours |
| Organization Type: | S-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | |
| Employees: | 4 |
| Reason for Sale: | Transitioning time to other Businesses Owned |
Financials
| Asking Price: | $475,000 |
|---|---|
| Down Payment: | $47,500 |
| Gross Sales: | $866,937 |
| Discretionary Cash Flow: | $148,759 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | $20,000 |
| Real Estate Available? | No |
| Rent: | |
| Financing: | SBA |
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Gross Sales | $ 866,937 | $ 824,370 | $ 401,090 |
| Gross Profit | $ 257,430 | $ 259,279 | $ 128,761 |
| Disc. Earnings | $ 148,759 | $ 121,290 | $ 89,337 |
Pictures
Description
This is an exciting opportunity to acquire a well-established event planning business specializing in destination weddings in the breathtaking locales of Hawaii. With a proven track record of creating unforgettable experiences, this business has established itself as a trusted name in the industry.
Key Features:
- Established Reputation: With years of experience, they have built a strong reputation for excellence in destination wedding planning, earning 5 star rave reviews from satisfied clients.
- Exclusive Vendor Relationships: Benefit from existing relationships with top-tier vendors, including venues, caterers, photographers, and more, ensuring seamless execution of every event.
- Strong Online Presence: A professionally designed website and active social media presence provide a solid foundation for marketing and attracting new clientele.
- Turnkey Operation: Take over a fully operational business with streamlined processes in place, allowing for immediate revenue generation.
- Growth Potential: The booming destination wedding market in Hawaii offers ample opportunities for expansion and increased revenue streams.
- Expert Team: An experienced and dedicated team of event planners and coordinators is in place, ready to support the new owner in delivering exceptional service.
Whether you're an experienced event planner looking to expand into the lucrative destination wedding market or an entrepreneur seeking a turnkey business opportunity in the dynamic events industry, this business offers tremendous potential for growth and success. Don't miss out on this chance to own a piece of paradise and help couples create their dream weddings in Hawaii. Inquire now for more information and to schedule a confidential discussion.
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
