Business
Please quote reference B07663

CoGoGo are delighted to welcome to the market Portable Parties Ltd, the leading Inflatable Nightclub brand, worldwide. 

Portable Parties Ltd was first established by our client in 2021, soon becoming an internet sensation with over 13 million views on their TikTok account. This allowed them to build up an excellent reputation and regular client base and as shown by their online ratings and reviews, the business is extremely popular within the industry.

The business has now come to the open market, due to our client’s desire to move onto other business interests.

Their Inflatable Nightclubs come fully equipped with professional Bluetooth DJ speakers, a state-of-the-art strobe lighting system & a high quality smoke machine, giving you that nightclub effect. Their nightclubs cater for all different occasions such as but not limited to: garden parties, birthday parties, prom celebrations, children’s parties, dinner parties and events, weddings, stag and hen parties, corporate events & much more!

Portable Parties offers a variety of additional services to suit any occasion and to give their customers the best experience possible when organising their event. They partner with local DJs, Fire Breathers and entertainers, Food Caterers and even offer Silent Discos for customers who are worried about the noise.

The business has over 600,000 followers across all social media accounts, with over 75 million views and 11 million likes on TikTok. They also have in the region of 125, five star Google reviews from customers in the UK, USA, Canada, Puerto Rico and Northern Ireland/Ireland.

The business has had online press in the likes of The Sun, OK Mag, Scottish Sun, Irish Sun, The Mirror and their products and services have been used by a number of celebrities.

Portable Parties were a huge hit at Flackstock festival, which led to them being a part of the Sky documentary. Due to the success, the business is invited back each year.

Key Selling Points:

• Repeat custom base
• The largest following in the world, for Inflatable Nightclubs
• Well established brand
• Scope for expansion
• Relocatable
• Monthly retainers from existing licensees – UK & Canada 
• Customer enquiry database of over 10,000
• 2,000 worldwide investment enquires
• They have bookings every weekend now until 2024 – Roughly £10,000 in payments due in from bookings.
• The Inflatable Nightclubs are made here in the UK and they have a supplier agreement in place with the manufacturer.

Scope for Further Growth:

• Increase advertising and marketing
• Huge potential for manufacturing the Inflatable Nightclubs & shipping them worldwide

Location
N/A as the business operates across the UK. 

Premises
N/A

Tenure
We are advised that this opportunity is being sold on a Business Only basis and can be relocated to suit the needs of the new owner. 

Hours
Due to the nature of the business, it operates all year round. 

Staff
We are advised that the business has 5 members of staff. 

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £260,000, with a net profit in the region of £77,000. Further financials can be made available upon request.