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CO055-Venue finding and event management business with blue chip Client base

Asking Price: GBP 250000
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Business Location: United Kingdom » Relocatable » Re-locatable 
Category: Services » Miscellaneous Services
Description:
Venue finding and event management business with blue chip Client base

Confidentially offered for sale

Ref No: CO055

Location: Re-locatable

Asking price: £250,000
Established in 1997, this business has an impressive, proven track record of venue finding and event management, working with the bluest of blue chip UK Clients, including some of the largest Corporates in the world. From simply finding an unusual venue for a sales meeting or a conference right through to the full scale management of every detail of a Corporate event, from conception to completion, this business has managed it all on a local, regional, national or international scale including Conferences, Meetings, Exhibitions, Dinners, product launches, away days, incentive trips, team building exercises and many other types of event.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: no
Year Established: 1997
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
To expand this business even further requires a dedicated team, led by an owner/manager with the necessary managerial appetite. This would enhance the company’s position as one of the leading event management and venue finding businesses in the UK. The owner does not currently wish to take on this role, and wishes to move into other unrelated business projects, whilst securing the massive potential of this business.
Market competition and expansion:
Well known as a major suppler within the event management and venue finding sector this business has little need of advertising with the business constantly ‘rolling in’. With Client satisfaction paramount this business enjoys strong word of mouth recommendation. By far its strongest marketing tool however is its website from which it is estimated that approximately 60% of turnover is generated each year.
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