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Event Management Business for Sale in Abuja, Nigeria

Established and well recognized event management firm that has completed 250+ events since its inception.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 460 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 45 %
Industries Event Management
Locations  Abuja
Local Time 5:01 AM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.4 million (Native Currency: NGN 600,000,000)
Reason: Owner plans to relocate to Canada. We are expecting a higher valuation as our firm is one of the wel... View More
Includes physical assets worth USD 240 thousand
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Business Overview

Firm organizes luxury events for individuals and corporate clients. Since its inception, the firm has completed 250+ projects and currently has 8 projects in hand. Generates 70% revenue through wedding events and rest 30% revenue through school and corporate events.

Firm has a solid presence in the market and has more than 120,000 followers on Instagram and Facebook combined. Our lighting equipment and materials are expensive and of high quality. We also have a large marquee tent (leased) which can accommodate 1,000+ guests at a time.

Our run rate revenue has reduced due to COVID-19. Business owned assets include lighting and decoration materials and office equipment.

Products & Services Overview

Luxury event decoration, events planner, wedding & corporate events, equipment rentals.

Facilities Overview

- Rented warehouse of 1,700 sq mt.

- Rented office with 6 rooms.

- We also rent a large marquee tent which can accommodate 1,000 guests at a time.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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