Events Businesses for sale in London

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £39,950 Annual Turnover: £32,954 Annual Gross Profit: £23,735
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Business Description
Database of Over 1000 Clients
Annual Turnover £32,954 (Audited)
Gross Profit £23,735 (Audited)
Extensive List of Blue Chip Clients
Events are Run From 2 Top Night Clubs
EPC - G
REF 5974 – Online Dance Events Company

Blacks Brokers are proud to bring to the market this online dance events company located in Central London and surrounding area.

INTRODUCTION

Reflex Dance Studios has been trading since 2014 from two main studios. Reflex Dance Studios has built up a database of over 1000 events managers contacts in companies such as Coca Cola, HSBC, Amex, Facebook, Pret A Manger and more, who all gave positive feedback and are willing to return to RDS services in the future.

RDS can provide a portfolio of choreographies in retro style prepared by Strictly choreographers.

LOCATION

Based in Central London within two main venues (both Night Clubs) The Reflex Bar in Watling Street and The Loop Bar in Bond Street. The venues are not leased but rented on an ad hoc basis at a cost of £25 per hour.

REASON FOR SALE

Reflex Dance Studios is only being offered for sale due to our client’s other business interests.

LEASE

There is no lease in place as the business is based online, however the business pays a rental of £25 per hour at both locations where events are held.

BUSINESS INFORMATION

Reflex Dance Studios operates by hiring space from The Reflex Bar in Watling Street and The Loop Bar in Bond Street. The size of space is dependent on the number of participants, however they can cater for parties of up to 100 people. The events last for 2 hours and the participants normally go on to have an evening meal which is also arranged by Reflex Dance Studios. Reflex Dance Studios only pay £25 per hour to hire the space, there is no lease or license involved, they hire the space on an ad hoc basis as and when required. Reflex Dance Studios offer packages for events such as hen nights, birthdays and team building. Basic packages start at a cost of £29 per person with extra costs for the additional features such as the arrangement of an evening meal, make up, accommodation arrangements etc. The sale of the business comes with a fully functioning and running website http://reflexdancestudios.com.

STAFF

The company is managed by 2 people working part time in admin, one director and one employee, with good support from self-employed dance teachers, DJ’s, photographers and makeup artists, all of whom help with larger events.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Reflex Dance Studios has traded solidly over its trading history. The business generates an annual turnover of £35,000 with net profit of 50%.

SUMMARY

Reflex Dance Studios is an online events company operating in the centre of London which provides tailored fun dancing events for Corporate Team Building, Hen Parties and Birthday Parties all with a Funky 80’s style theme. The events attract a wide variety of blue chip corporate as well as private clients.
Tenure: Leasehold

Location Details: London

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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5974
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