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- RE: Award Winning Food And Wine Festival
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $110,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $9,700 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 1 | |
BBN Listing #: | 935919 | |
Broker Reference #: | 1187 FESTIVAL |
Business Overview:
Original owner with a passion for curated events built out an event planning company in south Florida, with a focus on wine/spirits/beer and food-themed experiences. Their events present a diverse range of wines with inventive cuisine, hosted by passionate creators at iconic island/coastal locations and attracting thousands of attendees. Paired with local artists and international partners, one marquis event is well-known throughout the country and is highly valued by the community. This company boasts passionate event experts, comprised of an independent, creative event management team specializing in food/wine/spirits/beer events. They market and execute beyond the confines of four walls and consider overall design of any event. Applying many combined years of experience, the team patiently researches their client’s needs, deeply considers the goals, pursues a creative solution, and expertly makes it real. This company focuses on a full-service deliverable, from inception to web design, marketing & PR strategies, social media management, creative ideas, planning, executing to ticketing solutions. This firm takes the time to consider the client’s space and needs, and crafts an innovative design that is tailored to the client, resulting in award winning events. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
No facilities. Remote
Market Competition and Expansion:
Competition: Competition consists of other event planning companies, none of which have the reputation this company has enjoyed for the last 15 years.
Growth & Expansion: Hiring a salesperson and reaching out to other national festivals, while advertising the Company’s specialties in specialized industry channels such as trade magazines and conferences would spur additional growth. Additionally, taking on regional events, restaurant openings, weddings, corporate events etc would provide avenues for additional revenue.
Reason for Selling:
Seller is relocating and moving toward retirement.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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