Owner Financing is Available!
Business Overview:
High end special event company with superior client list specializing in weddings, charity galas, designing hotel entrances and ballrooms, and corporate events. This turnkey business has been established for over 20 years, and does business throughout the country and Europe - all from word of mouth and outstanding reputation. Company spends nothing on marketing and turns away a large amount of business. 16,000 square feet facility contains inventory including china, linens, glassware, decorative props, and theatrical backdrops. Inventory is all fully paid for and is valued at $3.5M and included in asking price of $1.25M. Seller states annual sales to be $1,588,820 and owner adjusted net to be $477,866. Sales and events are continually booked months in advance, buyer would have a year's worth of earnings upon taking ownership. Business currently closes during 3 months of summer. New owner can easily increase earnings base by opening year round, hiring designers and accepting work that is currently being turned away,and by using current stock of inventory on events and spending less on inventory than current owner. Owner active in business, but has someone that could step in and manage it. Owner retiring but willing to stay on as consultant. Please call Martin Berliant at 561-827-1181 or email for more information.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retiring.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: