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Businesses For Sale > Business For Sale in Relocatable/Nationwide, UNITED KINGDOM - UK (UK)

CO179-Relocatable-125,000-Outdoor Events Business for sale in Relocatable/Nationwide, UK

Relocatable/Nationwide, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 125,000 £ 250,000 Undisclosed

Business Summary:
Outdoor Events BusinessSpecialising in motor/classic car arenaRef. CO179Location : Relocatable/NationwideAsking Price : OIRO 125,000Turner Butler are delighted to bring to market this well established and reputable outdoor events business that specialises and operates within the very popular classic motor car arena. This family run business has been carefully built up and developed over the last few years and currently manages a portfolio of some 10 events/shows a year, the majority of which are very well established events that have been running for many years and attract large footfall year in year out. These shows cover a large part of the UK.The vendors have worked hard over the last few years to build a business that delivers on all fronts yet is easy to manage. Whether you are participating in a rally, showing your vehicle or attending as a spectator this events business ensures guests/customers enjoy the finest locations and promotions in which to participate in their passion.Income is derived from a variety of different venue contracts as well as from pre-booked exhibitors, food tenders and trade sales. The business revenues are 50/50 based on income direct from the venue and cash gate sales.The business attracts sponsorship from classic car insurers with other opportunities for sponsorship ripe for development as the business has established itself as one of the most professional and forward thinking within its sector in the small to medium operators in this field.The owners have had the foresight to put the necessary investment in place in terms of infrastructure to fuel its growth over the last few years whilst maintaining a very pleasant work/life balance. Investment has been made in a purpose built booking system and this is now ready to be developed further as the owners have started to increase the show content and look to establish advance ticket sales. This back office system also enables the vendors to manage the business remotely with no need for a fixed office address. As such, even though the business can demonstrate strong growth in terms of sales and profitability year on year it is currently being run as a lifestyle operation between 3 family members all working part time in the summer months and leaving winter months free to take time off overseas!This operation could suit an organisation whom is looking to extend their existing portfolio of events or established companies already working in the outdoor events arena such as marquee hire companies, food vendors, catering supplies, corporate hospitality etc.

 

   
Facilities / Terms of Lease: The company invested in its own back office systems in 2016 that has enabled it to become a remote/ home based business- as such there are no such premises associated with the sale.  
   
Competition: As well as having its own website the company advertises using local press, enthusiast publications and social media. The business is currently using the services of a professional PR consultant at a cost of approx. 3,000 per annum which could be managed by any new owner thus contributing to the profitability of the business if so wished? An A5 leaflet is produced each year to launch the show calendar and is distributed at shows and via clubs as well as a postal mailing in January In addition to this the company benefits from exceptional levels of referrals and repeat business.  
   
Owner willing to train: The owners are happy to assist with a very comprehensive handover and training to ensure a smooth transition of the business to its new owners.  
   
Reason for selling: Planning retirement  
   
This business is Home Based.  
   
Seller Reference Number: CO179
BusinessMart.com Listing Number: 234563
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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