Established Wedding Planning & Design Business

Inventory

Included in asking price

Real Estate

Leased

Building SF

1,396

Employees

9

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The business operates out of a two-story commercial building with 795 sq feet upstairs and 600 sq feet of storage garage space on the lower level. This building is a historic structure constructed in the early 1900s and renovated in 2013/2014. The building and land are available to purchase or lease from the current business owner. Lease $3,666 a month ($44,000) a year. The rent has been charged to the business to account for market rent.

Competition

The concentration of Event Planners has a low level of market share concentration. The high success of this business in the local market is due to a strong referral base and access to an experienced, highly skilled workforce.

Growth & Expansion

The area's historic venues and coastal region continue to be very popular destinations for wedding events. Currently, 2023 is booked to capacity and several events have been booked for 2024. Additional crews could be added to fill the demand and handle multiple weddings on the weekends as opposed to only one event per weekend.

Financing

Owner will finance up to 30% for a qualified buyer

Support & Training

Will train for 6 weeks @ $0 cost. Project management skills and event planning experience would be very beneficial to a new owner.

Reason for Selling

Retiring.