Wedding/Event Planning Business in the Smoky Mtns.

Not Disclosed, TN
Sevier County


Asking Price: Annual Revenue:
$195,500 $136,000

Services: Non-classifiable


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RE: Wedding/Event Planning Business in the Smoky Mtns. Broker: Sheila Hansen

Quick Facts

Asking Price: $195,500
Annual Revenue: $136,000
Net Profit: Not Disclosed
Cash Flow: $58,000
Total Debt: Not Disclosed
FF&E: $12,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 3
BBN Listing #: 90754611
Broker Reference #: 5182-747825

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Business Overview:

This is a family-owned wedding business and event planning service offering complete destination wedding services, from simple weddings to catered events including cabin rental accommodations. This business was established in 2004 by a well-known Pastor. The owner is retiring or semi-retiring. He, along with other Pastors may be available to conduct weddings going forward. Business employs a wedding and event planner who wishes to stay on as well.

Sale price of business to include inventory which includes numerous decorating props and wedding equipment. Also included are several domain names and website, as well as social media assets. All contacts and business relationships also to be transferred over to new owner. This operation enjoys an excellent reputation in the Sevier County, Tennessee area. The continued goodwill of the owner is considered an asset.

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Property Features and Assets:

Owner has been a Pastor for many years, launched this wedding and event planning business in 2004. Has two other Pastors on call as well as every type of vendor needed to provide wedding and event planning services. One employee, a wedding and event planner, wishes to stay on with new owners and will train as needed. Prior to 2016 when our area suffered a large forest fire, this business was doing much better, sales were increasing until Covid-19 hit the area in 2020, although weddings remained fairly steady. In 2021, business continues to rise as we all adjust to the new circumstances and challenges. Currently there are no restrictions in this business.

Market Competition and Expansion:

While there are numerous wedding businesses in the Sevier County, TN, area, this business has a solid corner of the market since it has been around since 2004. Business continues to return to normal and number of events is increasing. Potential for growth rests in attracting more clients who wish to marry or renew vows. Increase advertising and staff as well.

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.

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