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Long Established Hawaii Wedding & Event Planning

HI

Wedding Planning Business in Hawaii for Sale
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Asking Price: $360,000

Cash Flow: $120,342

Gross Revenue: $530,277

EBITDA: N/A

FF&E: $4,000

Inventory: N/A

Established: 1988

Long Established Hawaii Wedding & Event Planning

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Business Description

After over 25 years as one of Hawaii’s most highly regarded full-service event and wedding planning and design firms, specializing in Hawaii destination weddings, the owner says, “it’s time to retire”.
From an elaborate wedding on the exclusive grounds of one of Hawaii’s finest five-star resorts to an intimate, barefoot ceremony on the beach, they work closely to make sure each event is the reflection of the client couple’s style and personality. The Company’s strength is their fresh attitude toward event planning, paired with years of experience and offering personal service.
They have established long-standing relationships with the most talented wedding professionals on the island allowing the company to be a one stop shop for all of their client’s planning needs. Most of the business is driven by referrals from the thousands of very satisfied clients they have had.
In 2018 sales were $530,277 and generated $120,342 of owner’s profits. Before the owner reduced her efforts to focus on other activities, the Business’s top revenue was $857,450 which resulted in an estimated owner’s profit of over $200,000.
The Business is being offered on a fully turnkey basis with all assets, including all the very professional marketing collateral, website, list of customers and vendors and the existing book of contracted events and weddings will be transferred to the buyer at closing of a transaction.
Please contact us to get our very detailed Confidential Business Profile which shows all business and tax return based financial information.

Detailed Information

Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home based (Home Based)
Competition:
One of the longest established and best know wedding planner in Hawaii
Growth & Expansion:
The current owner has cut back dramatically over the last few years to care for family on the mainland and she expects that a new owner would easily increase revenue by 50% to 100%
Support & Training:
2 weeks
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
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Tom Caltrider

Business Listed By:
Tom Caltrider

Hawaii Business Sales

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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