Elegant Special Event Venue Company
This special events business and venue is truly one of a kind!
This company can host any event from weddings to corporate event and holidays with high-class elegance. Along with hosting events, the Company provides award-winning decadent catering to its guests. Located in a highly sought after area, this venue has stunned its guests with its magnificent architecture and décor for many years.
Don’t miss out on owning a piece of New Orleans history!
| PRICE: | $2,495,000 |
| REVENUE: | Undisclosed |
| EBITDA: | Undisclosed |
| LOCATION: | Prime location |
| INDUSTRY: | Events Services |
| LISTING #: | 6621 |
| LISTED BY: | Michelle Seiler Tucker |
| REVENUE: | Undisclosed |
| EBITDA: | Undisclosed |
| SELLER FINANCING: | Yes |
| PRICE: | $2,495,000 |
| DOWN PAYMENT: | Undisclosed |
| LENDER PREQUALIFIED: |
| YEARS IN BUSINESS: | 30+ |
| INVENTORY: | |
| ACCOUNTS RECEIVABLE: | |
| FF&E: | |
| REAL ESTATE PRICE: | 2220000 |
| REAL ESTATE INCLUDED: | Yes |
| FACILITIES: | The improvements are in good condition and include 9,000 square feet. |
| LEASE TERMS: | N/A |
| IP: | Included |
| REASON FOR SELLING: | The owner is retiring |
| TRAINING PERIOD: | 4 months or more |
| RELOCATABLE: | |
| NO OF LOCATIONS: | 1 |
| EMPLOYEES: | 15 |
| CONTRACT STAFF: | |
| MANAGEMENT TEAM: | |
| PARTNERS: |
The U.S. wedding services industry has grown by .3% over the past five years to reach a revenue of 76 billion. Additionally, revenue is expected to increase by 1.9% in 2019.
Couples are spending a record amount of money on their weddings. In 2017, a wedding typically cost couples about $27,000, but in 2018, that number increased drastically to more than $44,000. Increasing expenditures for those who marry are forecasted to continue supporting revenue growth of wedding services for years to come, making the wedding services industry a very lucrative opportunity.
The Company has huge potential for expansion. A new owner may choose to hire a salesperson to increase sales. Other opportunities for expansion are joining as many associations as possible.
Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.