Sold
Elite Wedding & Corporate Event Planning with $30K in Rental Inventory
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Ready to own your dream business in the thriving event planning and event decor rental industry? The subject is headquartered in Tallahassee, FL and serves the surrounding beaches and North Florida region, offering event planning to various types of clients ranging from weddings to charity fundraisers to corporate events. This company has built a well-known, successful and positive reputation for the events they serve in North Florida. They carry strong relationships with a variety of vendors, well-formatted marketing strategies and sales techniques that keep clients returning year after year for their event planning needs. Moreover, an incoming owner will acquire a company with a great market position and presence in the area. The uniqueness and stability of relationships have cemented its presence as an industry and community staple. With the current owner looking to spend more time with family, there is an excellent opportunity for a buyer to capitalize on the company’s success up to this point.
The company currently has close to $30,000 worth of rental event décor that is included in the asking price. The rental décor is up to date, in style and in high demand. Renting this décor to current clients has been an easy income producer for the company yet there is unlimited opportunity for expansion of product offerings and growth potential.
The seller is looking to pass the torch to a new owner and will be very active in training during the transition period and beyond. In addition, the company’s seasoned employee, future booked events, and loyal customer base provides an opportunity for a fluid transition to new ownership without disruption. This is an exciting opportunity that is positioned for future success.
Listed By: Tim Kleman
Background information
Reference:
4162-06004
Year established:
2009
Reason selling:
Family commitments
Finance
Sales:
$35,949
Profits:
$31,253
Operations
Employees:
1
Equipment:
Included in asking price $32,000
Premises
Facility:
The business currently rents a small office, but the business will be better suited with the flexibility of a home office. (Home Based)
Location:
Tallahassee, FL
Opportunities
Growth:
There are major opportunities to grow the business quickly by investing in a more robust marketing strategy, investing in social media for the purposes of gaining visibility, and attending more tradeshows and local events.
Price and terms
Price:
$100,000
Financing:
A small seller note for a qualified buyer is an option.
Training:
The seller is dedicated to fully supporting the new owner in every aspect of the transition. The seller will work diligently with the buyer for the first three scheduled events and be available to assist with any future events on agreed upon terms.