Issue link: http://deals.uberflip.com/i/1489093
Full-service, All-inclusive wedding and Special Events Venue Located in Southern US #65283 Sign NDA ► 2022 Revenue Est. $1,900,000 2022 EBITDA Est. $494,000 DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Tim Cook Senior M&A Advisor Email: tcook@generational.com Mobile: 281-799-2308 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS Situated on 13 acres of beautifully scenic grounds, the Company provides three distinct venues for all types of parties, celebrations and events. The Company offers three window walled banquet rooms, an outdoor ceremony space, music, entertainment, floral arrangements, décor and more for events. Wedding and event coordinators are an integral part of its all-inclusive services and oversee the events for clients from planning to cleanup. The Company is situated on 13 beautiful acres of towering oaks and pine trees. The facilities can accommodate up to 500 guests. Located right on the estate property, and just steps away from the event facilities, there is a plush bridal suite as well as a 4-bedroom/3-bathroom spacious guesthouse available. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Over 25 yrs. of operations > 6 FT & 20 PT employees > 100+ Active Accounts > 30%+ Repeat Business > No Customer Concentration > Very Highly Rated > Low CapEx Requirements > All Key Employees will Stay INVESTMENT APPEAL • Excellent Operations and Company Structure — The Company has established a strong employee base, including key personnel in place for management, maintenance, venue management, and marketing functions. The Chef has been with the Company since inception. • Backlog of Signed Contracts — The Company has over 100 weddings or similar events already booked for 2022. • Outstanding Ratings and Reviews — The Company is a highly rated wedding venue in its region, per public/client reviews (4.7/5 stars from over 200 reviews on Google, and 4.6/5 on Facebook from over 130 reviews). Additional excellent reviews and testimonials can be found on Wedding Wire, The Knot, as well as the Company's website. Customers love the Company and venue for its recognized name, excellent reputation, and proven track record for a beautiful and attractive venues and high-quality service. • Modest Ongoing Capital Investment Requirements — The Company will spend approximately $30,000 in capital expenditures in 2022. Management indicates that projected growth will not require any significant new expenditures. • Strong Industry Outlook — Due to the increase in disposable incomes, the amount spent on weddings is estimated to grow over the next five years. GROWTH OPPORTUNITY > Addition of a Chapel or additional facilities > Other Property Improvements > Outbound Sales/Marketing > Market Expansion REVENUE MIX DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller.