Business Summary
Here is your chance to leave it all behind and start your new career in paradise. Live by your schedule and create the life you have always dreamed of in beautiful Guanacaste, Costa Rica. Wake up, go surfing, do yoga, Pilates, shop at the organic market, and then go back to your home office and get to work.
This is your opportunity to own a premier destination wedding and event planning company. Located on the beach, about 2.5 hours from Liberia airport and 4.5 hours from San Jose. Situated on the Pacific Coast, the area is a laid back town with a strong ex-pat community. Most locals here live a very simple but active and healthy lifestyle, in tune with nature and active in the local community.
The current owner started the business in early 2011. As the first official wedding planner and event coordination business in the area, it immediately took off. By December 2011, the company had 12 weddings lined up for the 2012 season. In the 2011/2012 business year, the company coordinated over 18 weddings. Next year is already lining up to be just as busy, with 6 weddings currently on the books with deposits. That is even before the main booking season, which technically falls between August-November.
The company specializes in destination weddings, beach ceremonies, wedding receptions, rehearsal dinners and post wedding parties for their clients. However, they will coordinate any type of event, while working to achieve exactly what the client desires. Some other events include: fundraising events for non-profits, art exhibitions, fashion shows, corporate parties, themed dinner parties, birthdays etc. There is endless future growth in both the wedding and non-wedding markets.
Currently, the company dominates the local market. No one comes close to the amount of volume and business. The quality, efficiency, client relationships, style and unique decor are unmatched. The owner and business uphold a high reputation locally and with the many preferred vendors. Furthermore, the many client testimonials represent the type of one on one service that the company provides for each and every client.
Destination Weddings are becoming more popular year after year. According to TheKnot (one of the Wedding Industry's leading websites), in their 2011 survey, out of 18,000 weddings, 24% of those were destination weddings. With destination weddings rising in popularity as well as the large increase in tourists to Costa Rica, this business is poised to explode in the next 2 years.
The sale of the business comes complete with the following:
- Full, hands on consultation and assistance from the current owner and employees during the transition, and the first 1-2 weddings of the 2012-2013 Season.
- A detailed outline and business plan.
- A brand new, redesigned website and blog.
- The website ranks in the top 3 of Google searches for important keywords.
- Detailed list of assets including: car, wedding decor, furniture, accessories and more.
- Strong relationships with contract employees.
- Full vendor list with proven relationships and discounts in place.
- All accounting and numbers associated with the business since the inception (Revenue, Expenses and Profit).
- Facebook page with over 500 "Likes".
- Active Pintrest account.
- Active Twitter account.
- A flawless reputation from past clients, the local community and vendors.
Feel free to contact us with any questions. Serious inquiries only please. More details will be provided after initial consultation and conversations.
An ideal buyer should be self motivating, good with people, able to communicate effectively in both English and Spanish, have a passion for creating unique and memorable events and enjoy living a well-balanced and healthy lifestyle.
Property Details
Other Business Details
Business Location:
Beautiful Guanacaste, Costa Rica. Located on the Pacific Coast of Costa Rica. Approximately 2 hours from Liberia airport and 4.5 hours from San Jose.
Premise Details:
A laid back jungle and beach town. There are many local ex-pats living a very healthy and active lifestyle.
Expansion Potential:
Endless.
In fact, There are actually a few profitable, additional revenue streams that the new owner could set up immediately. These will be discussed in further detail with serious buyers.
Future expansion of the business from a larger scale will come from the growth of Costa Rica tourism and the Destination Wedding Industry. Each year has brought consistent growth of tourism to Costa Rica.
Furthermore, the Destination Wedding Industry has been on the rise for some time now. Many couples are choosing unique and exotic, tropical locations for their weddings. Making it a vacation for their guests to enjoy. The growth in this industry is exemplified in the creation and expansion of many destination wedding specific websites, blogs and magazines.
Business Operation Details
Trading Hours:
The hours of work depend completely on the schedule of the owner. Therefore, the owner will make his/her daily schedule to fit their needs.
A typical day for the current owner consists of surfing or working out in the morning, and then settling into work in her home office around 10:00am. However, the days leading up to a wedding/event and the day of are much busier, as it requires more time and effort to organize everything for the event. If there are no events to prepare for, most of the other work is done online via email, phone/skype. This allows the owner to travel when needed and still stay on top of the tasks at hand. During the off-season, you can work from anywhere in the world with an internet connection.
Support & Training:
It is in the best interest of the current owner to make sure that the buyer is fully prepared to take over the business and has all the knowledge needed to succeed and grow the company.
The current owner will stay on in a consultant role with the new owner for a negotiated \\\"transition period\\\". She will assist and guide the new owner through the business and familiarize he/she with the current clients event\\\'s for the 2013 season. She will also work along side the new owner during the first 1-2 weddings to make sure everything runs smoothly and to show her specific tips/tricks of the business.
Miscellaneous Details
Australia
Canada
India
Singapore
South Africa
Thailand
UAE
UK
USA
Worldwide
