Business for sale

Business description

Having originally been operated on a part time basis – but established as a full time business by the current owners as a result of significant on-going demand, this business, an event management company specialising in parties with a unique cultural theme, was established in 2007.

Devised by a team of creative people able to draw upon their own cultural knowledge and experience, this business provides authentic, magical events of an authentic nature and is a market leader in this field. All aspects of an event are carefully managed to create a genuinely enjoyable and vibrant experience. Venues – which can be outside locations or even a party host’s own home are transformed using a wide range of props and authentic music. With guests dressed up in appropriate fancy dress carefully selected artists are on hand to provide high quality entertainment to ensure the party goes with a swing, creating an unforgetable authentic atmosphere. The food served is of course highly authentic too with a wide range of courses expertly prepared to reflect the overall theme.

With everything carefully designed to meet each individual Client’s tastes, in just a short period of time the parties this business offers have become firm favourites - used for corporate events – staff motivation, staff reward or straightforward corporate hospitality and private functions including weddings, hen parties, birthdays and Christmas parties, with the business frequently working directly for the host or via a third party – PR or party planning/event management agency, for example. Operating nationally and occasionally internationally, average project values can range from £3,000 - £8,000 on the private side right up to £15,000 - £40,000+ for a corporate event.

The cornerstone to the success of this business is its ability to offer a full dedicated service drawing on expert knowledge and creativity. This coupled with its extensive stock of high quality props, lighting etc all combine to create an irresistible mood and atmosphere which ensures the highest level of enjoyment for guests with the least hassle for the hosts.

With turnover of approximately £360,000 for the financial year ending December 2008 generating a gross margin of almost 86% and pre-tax net operating profits of almost £130,000 this represents an excellent opportunity for an existing party organiser/event planning business to add a stand alone concept into its portfolio of events or for a new entrant into the sector to establish a firm foothold in the marketplace by acquiring a highly popular, fun, profitable niche entertainment business