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Raleigh Durham - Wake County NC

  • Listing No.: 209-00010

  • Category: Leisure/Entertainment, Miscellaneous, Service

Asking Price $250,000
Down Payment
Gross Revenue $132,000
Total Adjusted Net Income $70,000
Equipment / Fixtures $20,000
Year Established 2015
General Location Raleigh Durham - Wake County NC
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A Profitable Well Established Wedding & Event Planner Business For Sale in the Raleigh Durham - Wake County NC Area. This business is in a great location and very easy to find. This is a very simple business to run that requires very little of your time. You are supplying a venue for an event, the client pays a flat fee that includes a cleaning deposit. The client uses the venue, they set up their own event along with cleaning afterward. All events are set up by appointment only which allows the owner to have freedom in their schedule. This is a very profitable business that requires very little of your time or effort. The seller is willing to help the new buyer get going in the transition along with training and showing the buyer all of her trade secrets and best practices. The seller is wanting to retire and travel.

Gross Revenue $132,000 Listed Price $250,000
Total Income $70,000 Down Payment
Base Rent $4,133 Square Feet 4500
Total Rent Lease Expiration 12/2024
Rent Deposit $5,000 Lease Options 1 / 5 years
Inventory Not Included Leasehold Improvements $200,000
Equipment / Fixtures $20,000 Other Assets Fully Functional Website
Full-Time Employees Training Period 1 month after closing
Part-Time Employees Special License Required Business
Contract Staff 1 Reason for Selling Wants time to travel

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.