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CO162-Corporate & Private Events Management Business

Asking Price: GBP 1975000   |  Posted by : Andrew Hudson
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Business Location: United Kingdom » City of London » Fantastic Docklands 
Category: Leisure » Entertainment & Fun
Description:
Corporate & Private Events Management Business
Multi Venue for Functions, Parties & Weddings
Riverside Setting on Superb Luxury Yacht
Ref.CO162
Location Fantastic Docklands
Asking Price £ 1,975,000
This opportunity is a quite superb and unique successful event management company that specialises in arranging functions for corporate and private clients on board this Super Yacht.

Exceptional events are organised in this high profile location in London. An established profitable business, this exclusive business opportunity includes the added bonus of a high value, moveable asset. The owner has invested in excess of £1.5M on improvement and maintainance of the yacht. This stylish multi function venue can cater for parties up to 60 plus five berths sleeping 10.

The business operates on a low overhead basis run by a management couple who reside in the yacht’s staff quarters, a chef and additional staff are also recruited subject to the lucrative events calendar. An Events Manager is employed on a remuneration package directly related to the functions that have been booked.

This is a thriving, creative and highly profitable management run business that is ripe for further development. The annual turnover is now reaching in the region of £400,000, and after expenditure we are advised that the profits for this business are exceptional.

A FANTASTIC OPPORTUNITY NOT TO BE MISSED
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
400000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2000
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
This is a genuine retirement sale, and with the owner currently residing in the north east of the country he feels that the time has come to sell the business.
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