La Vue Financial Forecast Summary

La Vue France is currently valued at €1,600,000

2019 (opening year)
Total weddings sold 15
Total income NET of TVA €368,614
Average wedding price €24,574
2020 (booked before COVID closure)
Total weddings sold 20
Total projected income NET of TVA €488,337
Average wedding price €24,417
2021
Total weddings sold (to date) 20
Additional dates to sell 3
Total projected income NET of TVA €588,078
Average wedding price €25,569
2022
Total weddings sold (to date) 3
Pending weddings awaiting deposit 6
Additional dates to sell 11
Total projected income NET of TVA €576,817
Average wedding price €28,840

Notes

  • This is an arms length investment holding for existing owners therefore all operations are delivered by employees
  • Year 1 (2019) was sold at discounted value to establish brand and reputation
  • Year 2 (2020) was fully pre-sold before COVID closure also at a discounted rate.
  • Limited Gite only self catering stays were offered during 6 week summer of 2020 given government restrictions. This delivered €20,000
  • Year 3 (2021) contains some delayed 2020 bookings at previous discounted rate
  • Year 4 (2022) wedding being quoted and sold at full value
  • Only weekends are offered May-Sept