First time to market this established events management business offers many options to a new owner. With systems, processes and an experienced team of people working in the business and on call to work at events, this business can grow significantly under new ownership as the vendor has taken a back seat in recent years.
Event management is a huge industry and the opportunities are endless with corporate events & functions, conferences, weddings and balls being the primary focus of the business. They have however ventured into a new revenue stream recently and with a continued push in this area it should bare fruits.
They have a good website but have done little to target other event management opportunities through social media avenues. A new working owner in this business can help drive the sales and profitability of the business. The business is located in Auckland and is operated from premises but it could be managed from home with some office space and additional storage facility in order to reduce the outgoings.
The ideal person taking over this business would be an outgoing person who likes to meet people and has good organisational skills. This could also be a bolt on business for an existing company to either grow revenue and/or explore other channels. So you can work in or on this business as little as much as you like to reap the rewards, up to you.
The business has an extensive asset list totalling $78,800 which includes a company vehicle.
Asking Price $160,000
***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.
