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UNDER CONTRACTA qualified buyer can purchase this business with a cash downpayment of less than $85,000 (plus other closing costs) and obtain an SBA loan.[Please see the details discussed below 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 $239,580 of owner’s profits (“SDE”). 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 (e.g., a negative $166,488 working capital balance as of 12/31/2023).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 4/30/24 they had a contracted future event backlog, with 50% non-refundable deposits, of $425,422 for 193 events booked out to July 2025.As of 4/30/24 bookings are 18% ahead of last year.Pre-qualified for a ten-year SBA 7(a) loan.Qualified buyers can purchase this business for less than $85,000 down.INVESTMENT HIGHLIGHTS• Over 15 years providing excellent service to their market and building a great brand name.• The Company is well established and has an excellent reputation among venues, wedding planners, and brides.• Good historical sales growth and a highly profitable business.• Hawaii is a highly desired location for destination weddings.• Destination wedding brides like to have local professionals assist with the event.• Easy and fun business to operate.• In summer of 2023 they moved into a new, low cost, larger, more productive and more attractive facility and have a signed lease through May 2029 which will be assigned to the buyer.• Excellent long tenured sales and operations team.The business is being offered for sale on a fully turnkey basiswith 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.As of 4/30/24, these deposits totaled $216,208. Offered fully turnkey.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.
Imagine owning a business where you provide fresh, high-quality pet food and supplies directly to pet owners' doorsteps, all while making a meaningful impact on their pets' health and well-being. You can start a Pet Wants business in your home, small office or store, and grow at your own pace. We will teach you everything you need to know about operating and building a successful pet food business.
This is the perfect opportunity to open your own electric bike.e-Bikes are fun, versatile and can take you places you never thought possible, and the same can be said about selling them. Like any technological advance, ebikes have transformed the way Americans get out and explore, and their tech and design get better every year. Now is the time to do what I did and make the business of e-biking work for you.I’ve partnered with 9 different e-bike and scooter manufacturers and created websites all over America, and now I’m ready to pass on my expertise to you, including a pre-built website, POS fully set-up with products and training, vendor relationships and expert consulting for 3-6 months. NOT A FRANCHISE, NO ONGOING FEES…you’ll have full control of your new e-bike retail business with help from someone who’s found incredible success in this growing field of recreation.This $6,000 comprehensive turnkey solution comes with:- A pre-built website with all products and specs- Training on the website and POS system- Full control of the URL and website- Vendor relationships with agreed pricing- A POS system for transactions and credit card acceptance- Training on the POS system- Assigned phone number and optional business phone- Company email account setup- Logo and business cards- Access to order apparel- Continued mentoring and trainingBikes are purchased directly from manufacturers, retailing on average from $1,000 to $1,400, with an average profit margin of around 28%.Most sales are in person with people test-riding the bikes and buying on site. I mainly use Facebook Marketplace to find customers. Sell e-bikes as a side hustle or turn it into a full-time job. The website is also set up to facilitate an e-bike rental business if you want to venture into that as well.Just like a sleek new bike, this business plan can take you as far as you’re willing to take it. The journey will take some effort, but you’ll have some help behind you along the way! Get in touch and I’ll help you and your e-bike business go places.
My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on all items on your website ensures you will always be profitable & NEVER be undersold! Includes enrollment in MBV University training program.
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