Established & Well-Known Boutique Wedding Planning Business

Washington, DC (District of Columbia County) (Relocatable)

Seller Financing Available
Established & Well-Known Boutique Wedding Planning Business
Contact Seller

Asking Price: Get Financing: $74,995

Cash Flow: $56,729

Gross Revenue: $84,271

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2011

Established & Well-Known Boutique Wedding Planning Business

Get Financing Save Print Share Valuation Report

Business Description

This is a unique opportunity to own a boutique wedding planning company with a specialty in destination weddings in unique locations worldwide. The business is well-known and established in the luxury wedding market focusing mostly on high end weddings with an average budget of $250K. The clientele comes from all over the United States and abroad, but the business is well-connected in several areas including New York City.

Since launching the business seven years ago, the company has developed a stellar reputation, created invaluable relationships with industry partners, and has grown into one of the top destination wedding businesses in the country. The owner and founder has done an exceptional job building a friendly and down to earth organization without unnecessary pretension that puts clients at ease and results in truly amazing weddings. A significant amount of business is generated through referrals and word of mouth which will enable the next owner to hit the ground running.

The company’s personalized approach has earned it numerous accolades including Wedding Wire’s Couples Choice Awards the past three years in a row (an award that recognizes the top five percent of wedding professionals). The company also boasts consistent 5 star ratings on The Knot and Wedding Wire – the top two wedding planning platforms. Their work has been featured in multiple media outlets, including: Bride’s Magazine, Shape Magazine, Travel Weekly, The Huffington Post, Love Post, Style Me Pretty, Grace Ormonde Wedding Style, and Junebug Weddings to name a few.

The business operates out of a home office which allows for very low overhead and operating costs. The current owner is based in the Washington, DC metro area, but the business can be easily relocated to a new location. This is a great business opportunity for a motivated, energetic person who loves people, enjoys travel, and making dreams come true. It’s not often that a business of this caliber and track record comes to the market, so please contact us to learn more!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
1
Facilities:
Home based business and can be relocated and operated from anywhere. (Home Based)
Competition:
There are wedding planners all over the country, but this company offers a unique proposition in that they are a U.S based business with a team of vendors and contractors in place at the destinations they commonly service. This offers clients the best of both worlds as they have an English speaking contact with American standards and a local team to be their “boots on the ground.” Additionally, the company has built strong relationships with the venues they have worked with and in many cases are the preferred wedding planner at these properties. This means that hotels/venues will contact the company with leads that almost always turn into bookings. What sets this business apart from the local wedding planners is the strong reputation and brand recognition in the U.S. market. As the destination wedding market continues to grow there have been several “mom and pop” type planners popping up in the destinations they commonly service. In most cases, there is only one planner involved with minimal wedding planning experience. They typically work with couples that are more on a budget, while this business focuses on the higher end market so they are not necessarily direct competitors.
Growth & Expansion:
There is ample room for growth and expansion. The destination wedding industry has seen solid growth and with the right team in place this business could grow by 25% annually. The owner and founder has focused on specific markets, but a new owner might consider expanding to up and coming destination wedding locations. Another potential opportunity would be to grow the business into new areas like honeymoon planning, social events, and corporate event planning.
Financing:
Available depending on the final purchase price, terms and qualifications of buyer.
Support & Training:
Seller will provide necessary training and support.
Reason for Selling:
Owner looking to pursue other business interests.
Home-Based:
This business is Home-Based
Business Website:
http://www.horizonbrokers.com
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Michael Wade

Business Listed By:
Michael Wade

Horizon Business Brokers, LLC

Show Phone Number

View My Listings


Sponsoring Broker:
Dustin Zeher, CBI

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1548291 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Schooley Mitchell Consulting

Franchise Opportunity
Capital Required: $125,000