Choose Your Country
X


UK FlagUK
Fri, Sep 20 2019 07:12:12 AM  |  /

Corporate & Private Events Management Business Multi Venue for Functions, Parties

Business Id:000312     |    Reference: CO162
Price:
£2,750,000.00
Business Description

Corporate & Private Events Management Business 
Multi Venue for Functions, Parties & Weddings 
Riverside Setting on Superb Luxury Yacht 
Ref.CO162 
Location Fantastic Docklands 
Asking Price:O.I R.O £2.750,000

Exceptional events are organised in this high profile location in London. An established profitable business, this exclusive business opportunity includes the added bonus of a high value, moveable asset. The owner has invested in excess of £1.5M on improvement and maintainance of the yacht. This stylish multi function venue can cater for parties up to 60 plus five berths sleeping 10.

This is a thriving, creative and highly profitable management run business that is ripe for further development. The annual turnover is now reaching in the region of £400,000, and after expenditure we are advised that the profits for this business are exceptional.

Key Strengths:

3. Huge potential to build on current annual sales

5. Exceptional fixtures and fittings throughout

The business is run on a low key basis via word of mouth repeat bookings and a website. Little additional marketing has been done due to the fact that the owner manages the bookings and financials hundreds of miles away from the business location. A hands-on owner living within a closer proximity would find it easier to pursue the obvious expansion possibilities. Although currently permanently moored, new owners may wish to look into the very lucrative market of chartering the super yacht. We are informed that the yacht is sea worthy, so this market could be targeted subject to all the necessary regulations.

Financial profile:

The vendor has recently agreed to a mooring. The annual fees to include electricity are £24,000 + VAT. Originally the mooring was held on a three month rolling basis but the vendors have recently signed a yearly agreement.

Location:

Boat Specifications:

Reason for Sale:

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 
Business Information
Turnover:£400,000.00 Annually
Is this business relocatable: No
Business Sector: Entertainment & Leisure Franchises, Recreation centres, Wedding Venues, Yacht & Boat Brokerage Businesses, Events Businesses, Party Planning, Wedding Services
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:

Related Property