Award Winning Food and Wine Festival

Key West, FL

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$110,000
Cash Flow:$9,700
Established Year:2016
BUSINESS DESCRIPTION

Food and Wine Festival

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.


DETAILED INFORMATION
Location
Key West, FL
Inventory
Not Included in asking price
Employees
1
Facilities
No facilities. Remote
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.
Financing
TBD if structure and terms are acceptable.
Support & Training
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed for three months, and up to six months as on-call consultants, or as negotiated.
Reason for Selling
Seller is relocating and moving toward retirement.
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Tom
Long
Pronova Partners
Tom Long