Event Management Business for Sale in Chennai, India
For sale: High-performing event management company with a retail shop in Chennai's prime location.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 80 - 90 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Event Management |
| Locations | Chennai |
| Local Time | 8:50 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
175 thousand
(Native Currency: INR 15,000,000)
Reason: Our team is shifting focus to new business ventures and, as a result, we are unable to dedicate the ...
View More
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The business is an event management company that also operates a retail shop located in Chennai.
- We undertake weddings, birthdays, corporate events, and private parties.
- Diverse revenue streams: the business generates revenue from a variety of sources, including decor services, photography, themed cakes, entertainment, and retail sales, providing multiple income streams.
- Established retail sales: the retail shop, sees monthly sales of INR 1.5 to 2 lakh, offering a consistent revenue stream and capturing the demand for party supplies.
- Strong client base: with over 500 satisfied clients, the business has established a loyal customer base, including both individual and corporate clients, which is a testament to its excellent service and quality offerings. We get 25 to 30 clients a month for event management.
- Prime location: situated in Anna Nagar, Chennai, opposite a prominent mall, the business benefits from high foot traffic and visibility, providing a strategic advantage for attracting customers.
- Experienced promoters: with over 6 years of experience in the event management industry, the promoters bring a wealth of knowledge and expertise to the business, contributing to its success and growth.
- Recognized excellence: the business has received local awards for its excellence in event management and customer satisfaction, highlighting its commitment to delivering superior service and exceeding client expectations.
- Growth potential: there is significant potential for expansion and collaboration with experienced caterers and other service providers, presenting opportunities for further growth and diversification of services.
- The company has all the necessary licenses and certifications.
- We undertake weddings, birthdays, corporate events, and private parties.
- Diverse revenue streams: the business generates revenue from a variety of sources, including decor services, photography, themed cakes, entertainment, and retail sales, providing multiple income streams.
- Established retail sales: the retail shop, sees monthly sales of INR 1.5 to 2 lakh, offering a consistent revenue stream and capturing the demand for party supplies.
- Strong client base: with over 500 satisfied clients, the business has established a loyal customer base, including both individual and corporate clients, which is a testament to its excellent service and quality offerings. We get 25 to 30 clients a month for event management.
- Prime location: situated in Anna Nagar, Chennai, opposite a prominent mall, the business benefits from high foot traffic and visibility, providing a strategic advantage for attracting customers.
- Experienced promoters: with over 6 years of experience in the event management industry, the promoters bring a wealth of knowledge and expertise to the business, contributing to its success and growth.
- Recognized excellence: the business has received local awards for its excellence in event management and customer satisfaction, highlighting its commitment to delivering superior service and exceeding client expectations.
- Growth potential: there is significant potential for expansion and collaboration with experienced caterers and other service providers, presenting opportunities for further growth and diversification of services.
- The company has all the necessary licenses and certifications.
Products & Services Overview
Top-Selling Products and Services:- Event decor:
Custom-themed decorations for weddings, birthdays, corporate events, and more.
Who uses them: Individuals and companies hosting events.
Usage: clients collaborate with our design team to create stunning setups that transform venues.
- Retail shop - Party and balloon supplies.
Various party supplies and balloons are available at our retail shop.
Who uses them: walk-in customers preparing for events.
Usage: customers purchase these items to decorate their venues and create a festive atmosphere.
Our business is known for working closely with clients to bring their vision to life, making each event unique and memorable.
Assets Overview
Tangible assets:- Fixtures and fittings: Display racks, shelves, counters, and storage units in the retail store.
- Event materials: Decorations, props, lighting equipment, and other event-related items.
- All the existing stocks.
The above assets are worth INR 60 lakh.
Intangible assets:
Client database, vendor and supplier relationships, business processes and systems, marketing materials, and employee contracts.
Facilities Overview
The business has rented out a shop and a godown which are adjacent to each other.Store rent: INR 30,000/Month.
Godown rent: INR 14,000/Month.
Location: Shanthi Colony, Anna Nagar, Chennai,
Built-Up Area: 1,500 sq. ft.
The shop is located on the ground floor with easy access and high visibility.
.
Capitalization Overview
- The business is currently self-funded and operates on revenue generated from event services and retail sales.- Initial capital was invested by the founder to set up and expand the business.
- The business is a sole proprietorship.
Recent Activity
-
Earlier than 15 daysPresident, IT Solutions, Kannur, Individual Investor / Buyer connected with the Business
Tags:
Event Management Business for Sale in Chennai, India
·Purchase Event Management Business in Chennai, India
·Buy Event Management Business in Chennai, India
·Event Management Business for Sale in Madras
·Purchase Event Management Business in Madras
·Event Business for Sale in Chennai, India
·Purchase Event Business in Chennai, India
·Buy Event Management Business in Madras
·Buy Event Business in Chennai, India
·Event Management Business for Sale
·Event Business for Sale in Madras
·Purchase Event Business in Madras
·Buy Event Business in Madras
·Event Business for Sale
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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.
You might also be interested in these businesses