Events Businesses for sale in West Yorkshire

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Mrs Herbert (Nov 2017)
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Leasehold Price: £70,000 Annual Turnover: £90,000
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Business Description
An Events and Conference Management, Business Coaching and Networking Company Company

The business is an Events Management Company for businesses, combined with Business Networking Clubs and Coaching Services, helping businesses to develop and grow.

The company’s main IP asset, is a database of 50,000 business contacts, mainly around the Yorkshire area. These contacts are from every business sector, and every business size, from one man bands to major PLC’s.

Income streams are derived from the following:
Annual Business Conference in Harrogate
Yorkshire Property and Construction membership Networking Club
Social Media Marketing Management
Referral Fees for utilities and other products and services
A new annual Business Award event

Key Success Factors:
Repeatedly successful, high profile delivery of an annual business conference
Delivering high profile, popular, specialised business networking events
Very Large up to date database of relevant key business people
Created social media platforms, that successfully educate and inform users

Key Financial Information:

Turnover for 2017
Turnover has grown to over £90,000 in 2017, from £71,00 in 2015.

Pre-Tax Profit for 2017
£35,000, which has grown from £23,000 in 2015

Reason for Sale
Owner wishes to pursue his other business interests, within the construction sector.

Potential Growth Growth Opportunities for the new business owner:
Significant opportunity to develop the membership club. The business currently focusses on the property and construction sector. Expanding the Networking Club into other business segments, could easily add a further 100 new members, which would generate an additional £40,000 income, with no added costs.
A cross-selling marketing campaign for products and services, would further increase turnover and profit.
A new annual awards competition, would further generate an additional profit of £10,000.

Facilities Business Details:

The business is currently run on a part time basis, with the owner working around 25 hours per week, supported by a part time assistant. If the new owner invested in a full time commitment, the profitability could easily increase to £100,000 per annum.

The business is run from a small office, which shares space with the owner’s other businesses. The business is transferable to anywhere in the UK.

There are no assets besides the database and IP.
The IP includes the 50,000+ database, all business cards, new web site, brand name, 41,000 Twitter followers, and the business’s 6,600 LinkedIn members.

There are no debts, current or pending lawsuits, or HMRC investigations.

Competitive Overview There are other Networking Clubs and Activities in Yorkshire Showing Instructions Contact the Agent: Showing Comments Contact Agent
Tenure: Leasehold

Support & Training: 6 weeks

Listed by: Transworld Business Advisors

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