Event Planning Company
Not Disclosed, PA Not Disclosed
Asking Price:
$80,000
Annual Revenue:
$218,185
Request More Information Contact the Seller
- RE: Event Planning Company
- Contact: Jason Flowers
Quick Facts
| Asking Price: | $80,000 | |
| Annual Revenue: | $218,185 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $7,882 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 7 | |
| BBN Listing #: | 52094955 | |
| Broker Reference #: | 2603-17735 |
Business Overview:
An event design business that specializes in curating event spaces including their own 2,160 square feet location. Their other offering is balloon design services that is led by the operations manager. This company has been in business for thirteen years and has been the go-to event design company and event space for thousands of clients. They boast a contact and former client list of over 3,500 contacts. The business is fueled by plenty of repeat customers that use the space and new corporate contracts that are being developed. The team is a group of professionals that take pride in their work and are committed to providing excellent customer service. This business space is built to suite for events like baby showers, small weddings, and birthday parties. It sits in a quiet community right off the highway making it easy to find. Growth is inevitable with just adding weekdays and weeknights for the current clientele. Since the space is close to downtown, it will be a great location for work retreats and lunches.The already added inventory and equipment is worth the buy. This is a great buy for someone looking to grow their existing event design business or an individual looking to start fresh with an extensive inventory, a strong client list, huge potential for growth. We believe this business is exceptionally well positioned for significant growth and greater success under new ownership.
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Property Features and Assets:
Lease is only $2,550 a month for a total of 5,160 square feet. The venue boasts 2,160 square feet for the main event area and 3,000 square feet for the storage area full of inventory. There is a bar area in main event location. Assets = $51,338Market Competition and Expansion:
Company had over 175 weekend bookings last year which brought over $211,000 in revenue. Potential major growth if weekdays are booked with lunches and evening events.Reason for Selling:
Focusing on other business ventures.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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