Event Management Business Seeking Loan in Erode, India
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 80 - 90 thousand |
Run Rate Sales | USD 70 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Event Management |
Locations | Erode |
Local Time | 5:18 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are an event management firm based in Erode, mostly catering to wedding events.
- Our good connections, professional ethics, and consistency in delivering on promises have led to the completion of 1,000 events so far.
- We have a 25% growth rate every year in terms of revenue. This year is an exception due to Covid-19 restrictions. We saw a slight fall in revenue due to these restrictions.
- While our operations are focused on event planning and execution, we outsource food caterers if asked by the clients.
- We have good relations with 4 wedding halls and carry out our operations in these 4 halls.
- The reason why we stand out from our competitors is that we own all the materials required to set up which is worth around INR 1 crore. Most of the event planners hire these assets on rent.
- We also have 3 warehouses which are owned by the promoter's father. This gives us a competitive edge.
Event planning and execution, stage setups, decoration, and overall wedding arrangements.
We own all the materials needed for event arrangements including decoration materials, portable stage, shed, lighting, audio equipment and generators.
We use 3 warehouses of around 10,000 square feet which are owned by promoter's father.
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Earlier than 15 daysExecutive Assistant, Hospitality, Mumbai, Individual Investor / Buyer connected with the Business