Total of 18656 firms and businesses for sale today Sunday 28th April 2024
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Sold. Independent Specialist Community Event Management Company

LISTING DETAILS
Firms For Sale ID:
33190
Vendor reference:
CO163
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£165,000  
Turnover / revenue:
£321,000
Net profit / cashflow:
£52,911
Years established:
10
Trading hours:
Monday – Saturday: 9am – 5pm Weekends – On-site
Employees / staffing:
The business is owner run.

OTHER DETAILS
Reason for selling:
The vendor has decided to sell due to a change of lifestyle/retirement
Support and training:
Support and training will be provided to ensure a smooth transition of ownership and continuity of contacts.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Independent Specialist Community Event Management Company Primarily for London Boroughs
Ref.CO163
Location Fully Relocatable
Asking Price £ 165,000
This independent company specialises in community event management, and organises large scale events. The vendor started the business over ten years ago in 2003 which has proved itself since inception having co-ordinated events for in excess of 25,000 people including London Hindu Festivals and St Paticks Day events.

The company works primarily for London boroughs; composite service organising, insuring and setting in motion community events; example religious events, community events and shows, Black on Black etc. The company always have full insurance and use a health and safety expert to give advice on these important issues.

The company maintains its reputation by diligent planning with a sharp focus on Health and Safety, always having a fully qualified Health & Safety Manager at all the events ensuring an excellent safety record.

This business could be an ideal bolt on for a similar company or as a start up that could be owner managed.

Expansion Potential
The company would certainly benefit from an active marketing campaign. The market outlook for this business is constant, however new energy from new owners could increase the turnover and the brand name by trading on the company’s reputation.

Market / Competition / Non-Competition Agreements
As just stated very little investment has been spent on marketing the company, with word of mouth reputation being the only form of advertising. The business does however have a professional website to showcase the skills of the company.