CO036 -Provider of Specialist Conferences & Events
Business for sale
Asking Price:
£2,900,000
Turnover:
£0
Annual profit:
Less than 25k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
7
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
The business was established in 2001 to provide unique, high-quality niche events to businesses seeking what is often vital, need-to-know business information delivered at these special events via best practice case-studies from leading industry minds and practitioners.The business’s services range from conferences concerning four sectors of business practice, each the largest of their kind in those sectors and extend to one-to-one meetings, site visits, executive briefings and keynote speakers. These events gather together high-level senior executives & industry leaders within these sectors and so provides peer networking opportunities with many key individuals in a relevant industry as well as best practice information delivered in a stimulating and interactive manner to improve business performance.
Effectively a typical client is listed in the Fortune top 250 and attends as a means of staying up to date with trends and changes in business practice, where profitability and performance throughout an organization’s internal resources is paramount.
Insights gained at these events can aid the business leader and senior management executive in ensuring their organisation:
•Builds a value-driven culture
•Provides action-oriented advice about driving future performances
•Discovers and "stress tests" value levers
•Identifies impediments to value creation
•Avoids performance surprises
As a means of maintaining the highest quality of content the business spends more time researching and producing each event than many competitors, translating to a more detailed need-to-know agenda with strong and fresh content from internationally renowned speakers.
The business has excellent industry relationships and highly regarded speakers, sponsors and exhibitors. Their remains significant scope for growth and income in regard to sponsors and exhibitors can be further exploited as since until recently this was only being handled on a part-time basis by the vendor.
The business also maintains a specific industry sector internet portal, designed to build on the successes achieved at conference with delegates keen to stay current with critical industry intelligence and also to continue the relationship established at conference with the peer community.
The portal is currently in its infancy, launched in Jan 05, and already is the second biggest portal in the sector, and has over 2500 double opt-in newsletter subscribers and is growing rapidly. Added to this, its entire available advertising media was sold out immediately on a one year basis.
