Event Management Company for Sale in Famagusta, Cyprus

Out top-selling products:
1. Letter lights: Large, illuminated letters (4ft and 2ft) and decorative elements like the 8ft heart arch are highly popular for personalising weddings.
2. Dance floors: Portable black, white, and round dance floors in various sizes are a staple for wedding receptions.
3. Backdrop curtains: Elegant 3m x 6m and 3m x 3m backdrop curtains add a polished look to ceremonies and photo areas.
4. Customisable decorative elements: Items like love lights, hearts, and LED bulbs enhance the overall aesthetic.
Who uses them?
• Wedding planners and event organisers: These partners rely on us to provide high-quality, reliable decor for their clients.
• Brides and grooms: Couples use these services to personalise and elevate the look of their wedding venue.
• Hotels, restaurants, and venues: Preferred and exclusive suppliers for numerous prestigious venues in Cyprus.
How are they used?
• Letter lights: Used to display initials, words, or romantic symbols to personalise the space.
• Dance floors: Create a designated space for dancing, often becoming the focal point of receptions.
• Backdrops and decorative items: Enhance the ceremony, dining areas, or photo zones for unforgettable pictures.
We have secured strong partnerships with over 70 venues and planners across Cyprus, making it the go-to supplier for weddings and special events. Its efficient, scalable business model allows for easy expansion and high-profit margins. Tangible and Intangible assets included in the sale.
Tangible assets:
1. Rental inventory:
• Large illuminated letter lights (4ft and 2ft sizes).
• Decorative elements like the 8ft heart arch and “Love” lights.
• Backdrop curtains (3m x 6m and 3m x 3m).
• Dance floors (black, white, and round in various sizes).
• LED lighting and other decor items.
2. Vehicles:
• Two long-wheelbase vans (Mercedes Sprinter and Citroën Relay) for transportation.
3. Marketing materials:
• High-quality photos from every booking since 2016.
• Printed brochures for wedding planners and venues.
Intangible assets:
1. Contracts and relationships:
• Partnerships with 70+ venues and wedding planners, including exclusive agreements with prestigious venues like Golden Coast, Olympic Lagoon, and Nissi Beach Hotel.
2. Confirmed future bookings:
• Secured bookings for the next year (EUR 44,930 net, excluding VAT) and for the year after that (EUR 13,510 net, excluding VAT).
• Bookings are growing daily and are already ahead of previous years, expected to exceed this year's figure of EUR 71,265 net, excluding VAT.
3. Brand recognition:
• Established reputation as the largest supplier of lights and dance floors in Cyprus.
4. Digital presence:
• Professionally managed website with high search engine rankings.
• Social media accounts with significant followings:
• 6,800+ Facebook followers with 5-star reviews.
• 2,400+ Instagram followers.
5. Operational know-how:
• Comprehensive training and support during the handover period to ensure a smooth transition.
6. Supplier information:
• Contacts for top-quality suppliers and shipping agents.
7. Customer database:
• Detailed records of past clients, planners, and venues for potential upselling and repeat business.
8. Exclusive market position:
• Recognised as a preferred and trusted supplier in the Cyprus wedding industry.
9. Storage space access:
• Rent-free storage at a partner’s shop, providing secure and convenient housing of all equipment. Operates out of a space generously provided rent-free by a trusted associate, ensuring efficient storage and management of wedding supplies.
• Built-up area: Compact and organised space within an existing shop, ideal for securely housing equipment and supplies.
• Number of floors: Single-floor setup for easy access and streamlined operations.
• Rental/lease details: The facility is provided rent-free, which significantly reduces operational costs and enhances profit margins.
This arrangement will continue even after the sale. Funding and ownership details.
1. Current funding:
• The business is self-funded and operates entirely from its revenue.
• There are no external investors or loans contributing to the business operations.
2. Debts/loans:
• The business has no outstanding debts or loans, ensuring it operates debt-free.
3. Ownership:
• The business is owned by one shareholder who has 100% ownership, maintaining full control over operations and decision-making.