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Event Management Company Equity Stake For Sale in Riga, Latvia

Majority stake sale available in an event planning company that conducts open and indoor events.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 210 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 6 %
Industries Event Management
Locations  Riga
Local Time 2:18 PM Europe / Riga
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 35 thousand for 70.0% stake (Native Currency: EUR 30,000)
Reason: The investment will be used to expand the business, increase the number and scale of events, strengt... View More
Includes physical assets worth USD 14 thousand
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Business Name
Not disclosed
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Business Overview
- Event management company that specializes in planning, organizing, and coordinating all types of events, be it open-air festivals or indoor gatherings.
- The business has up to 30 regular clients and gains up to 50 new clients each year.
- The promoter has almost 20 years of experience in the event industry.
- The company works with private clients, businesses, and municipalities, building strong and long-term business relationships.
- Business has LLC registration required for smooth operations and individual permits are taken as per the requirement of an event.
- Monthly sales depend on the events conducted in each month, which can vary.
Products & Services Overview
The business’s main services are event planning, organization, and coordination. Its services are used by individuals, companies, and municipalities to organize celebrations, corporate events, public events, and other special occasions.
Assets Overview
The business owns tangible assets including office furniture, computers, technical equipment, event equipment, and other office equipment. Intangible assets include the company’s brand, website, customer database, business reputation, and accumulated know-how and experience in event management.
Facilities Overview
The business operates from a 366.5 m² facility located on the second floor, consisting of three rooms.
The facility is located in Riga, Latvia.
The premises are rented by the business and are used for event planning, administration, and related business activities.
Capitalization Overview
- The business is currently funded through three cooperation partners, customer orders, and municipal co-financing.
- The remaining financing to be paid is €32,000.
- The business also receives regular municipal co-financing of approximately €20,000, as well as an annual municipal order of approximately €36,000.
- The business has one owner, who holds 100% ownership of the company.
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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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