Panama City Beach, FL
Business Highlights • Well established event design firm with exceptional brand • Located in the kicked back Emerald Coast on the Gulf of Mexico • Business is operating in a top national wedding destination • Huge opportunity for expansion into local rental and design market • 100% referral based business with over 1,000 thrilled clients talking about us. • Most published and recognized design firm on the Emerald Coast • Situated in a beautiful and efficient 5,000 ft facility close to venues • Facility consist of a gorgeous conference room, office, workroom, chandelier room & warehouse • Professional staff operates business on a daily basis • Longstanding relationships with premium suppliers • Longstanding relationships with top regional wedding coordinators • Longstanding working relationships with all key resort venues • Only design firm on Emerald Coast with a chandelier showroom • Warehouse contains over 700 different types of rental items. • Strong local labor market • Complete turnkey package facilitates transition to new owners . Many future events booked and designed . Because of our strong brand and exceptional reputation the potential to expand into these three areas is obvious: 1. Expansion into current high end market by marketing the business in the region. 2. Expand designer events into the local Panama City Beach market. Currently there is no competition doing this. 3. Expand into the event rental market serving the entire region. There is limited competition in the event rental market and none renting high end props. Expansion into the rental business is better than revenue income because it is clear profit considering the rental items are already owned and the staff in place to handle the transactions. Owner is satisfied with the current level of business and not interested in expansion. However if an owner wishes to expand the expansion potential is exceptional with this business.
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