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Profitable Event Management Business for Sale in Ibiza, Spain

For Sale: Well established luxury event management company that conducts around 50 events annually.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 600 - 700 thousand
Run Rate Sales Nil
EBITDA Margin 10 - 20 %
Industries Event Management
Locations  Ibiza
Local Time 9:20 PM Europe / Madrid
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.7 million (Native Currency: EUR 2,500,000)
Reason: Promoter intends to retire due to health challenges.
Includes physical assets worth USD 530 thousand
Interested to connect with advisors
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Business Overview

- We are one of Ibiza's finest and well-reputed event management companies with 18 years of experience in providing luxury events for both private and corporate events. Our business conducts 50 events on an annual basis. We provide end-to-end services like venue booking, catering, decorations, sound/lighting and entertainment as well as travel logistics and guests accommodation.

- Our business targets the luxury market. We charge approximately EUR 500-1,000 per person for an event and a typical event lasts for 1-4 days.

- The business conducts events such as weddings, birthday parties, anniversaries, as well as corporate conferences, incentives, product launches & general celebrations.

- Within the company, we also own a furniture rental business that rents out decoration items & furniture required for an event.

- Besides that, we have developed a vast network of best suppliers to cater to all our client's requirements.

- Our business is seasonal. During the winter period i. e. (September to March), we are usually handling all the back-end and set-up related activities with our clients like menu deciding, food tasting and decorations while accepting booking for the upcoming year. From March to September, we organize and conduct all the events. Our clients pay 100% of the fees upfront over one month prior to the event.

- We also have a kitchen that is rented out to a food & beverage company that acts as an additional revenue stream for the business.

- We undertake bookings through our website and utilize digital media marketing to promote our business. We have an active Facebook page with 4,000+ likes.

- We have prior experience running a successful catering business and restaurant.

Products & Services Overview

We are involved in event management related activities for events like weddings, birthday parties, anniversaries, as well as corporate conferences, incentives, product launches & general celebrations.

Assets Overview

The business owns equipment and inventory that is related to the event management related functions of the business. Besides that, the set-up costs of the office along with all the kitchen equipment and office equipment/infrastructure are also assets that are owned by the business.

Facilities Overview

Our HQ is a single tier standalone building near the town of Santa Eulalia with off street parking, warehouse, offices and kitchens.

The office has a modern and contemporary look and feel.

The entire property has an area of 500 - 700 square meters and we pay EUR 1,400/monthly since it is rented.

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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