Overview
Description
The business specialises in the placement of skilled professionals at live events, primarily within the music and hospitality industry, with its 300-strong pool of personnel including stagehands, lighting operators, caterers, security, wardrobe assistants and forklift truck operators.
By offering a flexible team across all projects, the company can realise specifications regardless of the event type or venue size.
The business also places qualified security personnel at outdoor events throughout the UK and a Maritime International Terminal Port.
All crew and security personnel are provided with ongoing training to enhance their capabilities and ensure compliance with client, event and regulatory requirements.
Our clients are offering the business for sale as they believe the time is right for a new owner to take it to the next level. Offers invited.
Key Highlights
– Accredited by CHAS.
– Scalable operations have facilitated the generation of year-round projects, with all active clients providing repeat business for multiple venues and events.
– Currently works with 65 active clients across the UK, including prominent event operators and entertainment organisations, some of which have utilised the company for over 20 years.
– Two employees are ideally placed to take on greater responsibility within the business and absorb the Director’s duties.
– Operates from ideally situated premises in North East England; however, the company could be effectively relocated.
Financial Highlights
– Generated a YE23 turnover of £1.7m, with an adjusted EBITDA of £244k.
– Has experienced significant, sustained recovery following the pandemic.
– Operates with a strong pipeline, bolstered by lucrative relationships with key event organisers.
– Up to 90% of the company’s revenue is derived from existing clients.
– Attributes approximately 47% of its income to contractual agreements with three core clients.
– Potential to obtain agreements for the placement of security personnel at 2024 Christmas markets, which may generate £110k during November/December.
Is this business relocatable:
Is stock included:
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