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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 150 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 45 %
Industries Event Management
Locations  Abuja
Local Time 8:59 PM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 460 thousand (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 80 thousand
Interested to connect with advisors
Documents
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.

Capitalization Overview
Not Disclosed
Recent Activity
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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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