Upscale Event Design/Planning & Rental Service. Nets $100k+
- Asking Price: $150,000.00
- Gross Revenue: $211,681.00
- Cash Flow: $139,087.00
- FF & E: $100,000.00
- Inventory: N/A
- Financing: No
This Event Design & Party Rental Business has an impeccable reputation for continuing to deliver customer satisfaction in spectacular fashion. Specializing in the design, delivery and set up of incredible event atmospheres for both private and corporate parties, this Business has earned its way onto the preferred vendor list for many of Atlanta's premier high-end event venues. The business will need to be relocated from its current location.
Revenue breakdown is approximately 38% birthday parties, 29% bridal showers/engagement parties/wedding décor design, 17% holiday parties, 10% corporate parties, and 6% graduation celebrations.
With a proven track record of success and a well-established network of vendors and suppliers, this Business is poised to continue growth for years to come. Administered in a way to allow for a smooth expansion into additional event services or integration into an existing business, this is a great opportunity to join the exciting world of Event Design & Party Rentals.
- Reputation for designing and perfecting everything from showers, corporate events, bridal parties, and birthdays, all the way to lavish parties for prestigious clients and exclusive venues.
- Preferred vendor for multiple very high-end event venues.
- Extensive repeat customer base with a flourishing referral pipeline.
- Consistent profitability with tremendous upside and an uncharacteristically large profit margin.
- Purchasing supplies wholesale would greatly reduce overhead, as all supplies used to date have been purchased at big box stores or Amazon at retail cost.
- An increased effort towards targeted marketing and generating exposure could greatly increase bookings. Currently, advertising spending has been effectively zero.
- Additional employees to be able to delegate tasks and complete more bookings at any given time would be a great first step towards growing the Business.
- Continued use and expansion of social media as an advertisement and gallery platform. This has been the largest avenue for revenue generation thus far.
- Incorporating more of a planning aspect as in addition to the current core of design and décor elements, as the event planning sector can be very lucrative.
REASON FOR SALE
- Home Based: No
- Franchise: No
- Distressed: No
- Relocatable: Yes
- Year Established: 2020
- Year Acquired: 2020
- Willing To Train: Seller is willing to train new owner for a smooth transition.
- Real State Available: No
- Is Property Leased: Yes
- Real Estate Included: No
- Is Management Staying: No
- Days Open: Daily
- Full Time Employees: 1
- Part Time Employees: N/A
- Building Size: 1500 Sq. Ft.
- Listing Id: SA1647