Business for Sale Overview:
Established for over ten years, this is a well known London company specializing in organizing corporate events/parties for groups of 15 – 1500. Founded by the current owner the company has grown since inception and is recognized as the events provider of choice at many first class locations.
Focusing on the mid market ‘Four Star’ market place, this London party organizer offers a variety of popular entertainment choices and is the single largest user at most of the venues. Additional locations are, of course, sourced for bespoke events as demand dictates. These bespoke events are held for a blue chip client list that includes investment and retail banks, professional services firms, major construction companies, IT companies and outsourcing businesses. Excellent relationships exist with these organizations: much repeat business is obtained through this channel to market, as the client base is very satisfied with the service provided and accounts for 30 % of sales.
Clients can book unique London venues for private events, or join a themed dinner, show or dance and will be helped to find the perfect night's entertainment. Successful Christmas parties have been organized over the ten years of operation generating a high percentage of profit.
Typical events held are as follows:
Tribute band dinner events featuring popular tribute artists
Murder Mystery Dinner Theater
Casino dinner events
Christmas themed dinner events
Contracts are renewed annually with the top event venues.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business operates from first class rented office accommodation, at the site of its major event venue. This is not only financially advantageous with a minimal rent of circa £50,00 per week, but also allows the company to readily interact with its major supplier. The company has been granted preferred partner status by this venue for their clients.
Market Competition and Expansion:
The company recognizes the importance and influence of advertising and marketing in the overall success of the business. Undoubtedly the main sales channel is the excellent website which is professionally designed, maintained and hosted. Having been fully ‘optimized’, it produces first class rankings with the major websites including Google™, Yahoo™ and Ask™.
Brochures/flyers are produced for each event or series of events.
There are circa 25,000 names on the corporate database.
Circa 10% of total sales are generated through a network of agents who receive a commission of 15% of sales achieved.
Direct referrals and ‘word of mouth’ recommendation produce a significant volume of new business.
Reason for Selling:
focus on other activities.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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