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A qualified buyer can purchase this business with a cash downpayment of less than $80,000 (plus other closing costs) and obtain an SBA loan. [Full details in the Confidential Business Profile].The Company provides luxury decor rentals, creating beautiful and elegant weddings and other event settings on one of Hawaii’s tropical paradise islands. The rentals include a wide assortment of table linens, chairs, chair covers, draping, lighting, and other related accessories. The rentals offered are for customers desiring a refined and elevated feel for their weddings or other events. Weddings are over 90% of their event sales and about 60% of their wedding clients are visitors to Hawaii. Hawaii is one of America’s top destination wedding locations. The Company is long tenured and well established in the lucrative wedding market on the island, and they are known for providing excellent customer service, quality products, reliability, and timely execution on the day of the event. The Business is on the preferred vendors list for all of the island’s major hotels, which are major wedding venues in Hawaii.They have a large investment of rental and decor items (items like specialty linens, chairs, chair covers, etc.), plus all of the other tangible assets (furniture, vehicles, etc.) and intangible assets (trade name, website, customer contracts, etc.) which are included in the transaction. Their sales have grown over 66% from $488,000 in 2016 to $812,000 in 2023. In 2023, these sales generated $255,659 of owner’s profits (“SDE”), and year to date 9/30/24, their SDE is up 29% over the same 9 months in 2023. They survived Covid and are now stronger than before. They receive a 50% non-refundable customer deposit for all events and the 50% balance due is paid two weeks before the event date. This results in them having a large negative working capital balance.Their sales process is very effective with a “success hit rate” on quotes of over 82% over the last 3 years.They book events up to one to two years in advance. They maintain a strong backlog of contracted events. For example, as of 9/30/24 they had a contracted future event backlog, with 50% non-refundable deposits, of $370,109 for 173 events booked out to November 2025. Pre-qualified for a ten-year SBA 7(a) loan. Qualified buyers can purchase this business for less than $80,000 down.The business is being offered for sale on a fully turnkey basis with all the needed tangible (including vehicles) and intangible assets, including the owners providing a 5-year non-competition agreement, two weeks of buyer training, and in addition the sellers will provide 50% of the then outstanding customer deposits at Closing to the buyer as a credit to the sales price. To receive our detailed 80 page Confidential Profile for this fun and easy to operate business which includes tax return based financial details, please contact Hawaii Business Sales.
Their client base is evenly split between commercial clients and high-end residential homes. This boutique architecture firm offers planning, design, construction administration, and permit processing. Plus, the inclusion of sustainable design is particularly noteworthy given the increasing importance of environmental considerations in architecture. The team consists of two architects, a draftsman, a structural engineer intern, a project architect and an office manager. The owner is active, providing general oversight and assisting with the onboarding and planning of new projects – some of theseresponsibilities can be absorbed by the staff which suggests a capable and autonomous team. The seller has offered to stay with the business post-close for 3-5 years to show his dedication and to ensure a smooth transition. In addition to this transitional period, the seller has also offered to finance 20% of the purchase price to show his vested interest in the success of the business moving forward. This establishedfirm has over three decades of experience in the architectural industry, with a service area primarily centered on Kauai but also extending to other islands. The 2024 revenue is set to be the best year in over a decade! Priced at $505,000, A 10% down payment of $50,500 returns $89,234 in the first year after debt payments! This is a great opportunity for a buyer looking to expand geographically or a new architect looking to enjoy a reputation built over the past 3 decades. In terms of growth opportunities, the suggestion to implement a marketing strategy and collaborate with general contractors could help increase visibility and attract new clients.
6 figures, low investment! Turn Key!Invest and run a Brokerage Business Company with your own exclusive territory and earn $150,000 to $300,000 per year as a Business Broker, Certified and Trained with Business Broker Development Group. We have a proven system that works, that gives you the opportunity to be successful in this field! There is an initial purchase fee of $20,000 for the business, and here’s a summary of what this provides:- Transfer of existing territory to the buyer- 2 days extensive training in your city covering all facets of the business - 100% ownership of the business, with a small back-office and support fee per transaction- Ongoing support and assistance, as well as all forms needed to run your business - Guaranteed first year minimum income of $120,000 - Exclusive HOT Leads provided by BBDC - Advertising and Marketing of all your listings- Exclusive Broker Website and Email AddressA brief summary of what you can do with our program:- Work from your home office with no employees or boss- Make $10,000 minimum to $100,000 on each business sold with no risk on your part- Work as much or as little as you want, you are your own boss, this is your business- Run your business with a phone, computer, and business cards- Possibly find a business you might want to buy for you or your familyIf this opportunity interests you, please respond to us as soon as possible. We look forward to speaking with you.
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