Upscale Event and Wedding Rentals

Not Disclosed, TN
Knox County


Asking Price: Annual Revenue:
$35,000 $10,000

Services: Rentals - Party, Equipment


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RE: Upscale Event and Wedding Rentals Broker: Doug Kose

Quick Facts

Asking Price: $35,000
Annual Revenue: $10,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 561354611
Broker Reference #: 5182-112234

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Business Overview:

A turnkey business model providing high-end china plates/teacups/sets for event and wedding rental usage. Inventory value is over $50,000 with great patterns that are popular from areas all over the Smokey Mountains, East TN and the Carolinas. Various packages are available to the consumer to capture each end of the market. Business has a strong social media presence with over 3,750 likes and total followers. A strong referral network of area vendors has been established in local markets. Additionally, a marketing picture gallery with thousands of professional photos is included in the sale. The overall concept is easily scalable with all the franchise preparation (documentation, manuals, wholesale suppliers) already created for next ownership to expand quickly.

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Market Competition and Expansion:

There is no one else that competes with this high-end, rental concept. Growth opportunity is to partner with vendors in the market; franchise concept to different markets or add locations.

Reason for Selling:

Personal

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.

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