Business To Buy
Corporate & Private Events Management Business |
| Fantastic Docklands, ---Europe |
Corporate & Private Events Management Business
Multi Venue for Functions, Parties & Weddings
Riverside Setting on Superb Luxury Yacht
Ref.CO162
Location Fantastic Docklands
Asking Price:O.I R.O Ł2.750,000
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 Ł1.5M 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 Ł400,000, and after expenditure we are advised that the profits for this business are exceptional. |
|
 |
Financials |
| Price: $3,553,430 |
| Gross Income: $516,775 |
| Cash Flow: $0 |
| FFE: $0 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #CO162 |
| Year Established: 0 |
| Financing: |
| Training: |
| Facilities: 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. |
| Competition: |
| Growth: The business is run on a low key basis via word of mouth repeat bookings and a website. Little additional marketing has been done due to the fact that the owner manages the bookings and financials hundreds of miles away from the business location. A hands-on owner living within a closer proximity would find it easier to pursue the obvious expansion possibilities. Although currently permanently moored, new owners may wish to look into the very lucrative market of chartering the super yacht. We are informed that the yacht is sea worthy, so this market could be targeted subject to all the necessary regulations.
We are advised by the owner that a turnover in the region of Ł1M could be achieved. |
|
| Business Listed By |
| Name: Andrew Hudson |
| Company: Turner Butler |
| Phone: 01895 25 6000 |
|
| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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