Media Businesses for Sale and Investment Opportunities in Gujarat

- Wedding planners and event management company based in the city of Ahmedabad. - Planning weddings and family events can be stressful and time-consuming and can leave people with little time to enjoy the event with friends and family. - We provide complete wedding and event management services to our clients in Gujarat, Maharashtra, Rajasthan, and Delhi. - Have tied up with 30-40 vendors including venues, photography studios, caterers, and artists to provide a complete package. - We have a big chain of clients who wed with us happily. The growth of the company is huge because of the Indian wedding market. - We manage 15-20 events on a yearly basis. Due to the COVID pandemic, our summer events were cancelled and we had temporarily stopped operations. - A recent KPMG report estimated India’s wedding market at $ 50 billion, with a rapid annual growth rate. As with so many other things in our country, these figures can primarily be attributed to demographic causes. With close to half of India’s 1.3 billion-strong population under the age of 30, and more than 10 million weddings held annually, a steady flow of future nuptials seems assured.

- Company provides LED advertising truck services. - We have 1 commercial licensed truck with operations in Gujarat. - We started operations in March and worked with 3-4 clients on a project basis, but had to shut down operations due to COVID and have not been operational for a year. - Have 1 new truck (TATA LTP 407) that is equipped with a P3.91 outdoor LED display (12-foot x 8 foot), a hydraulic system that can position the display 17 feet above ground level and rotate to 270 degrees. - We have also equipped the truck with a remote control system, a central audio system (Sony 21D 360 degrees), and a 10 kVA power generator (Sudhir Power). - Based on our initial projections, we expected INR 4-5 lakh monthly revenue with operations in Gujarat. However, the buyer can expand operations across India with more trucks. - The business has debt of INR 23 lakh which is included in the selling price. - The truck was bought through TATA finance (INR 11 Lakh) and a Mudra Loan (INR 10 lakh) from OBC bank and around INR 3 lakhs have already been repaid. Both loans EMI is around INR 45,000.

- The company is into event organising business for corporate companies as well as brands and standalone. - It has been 12 years in the business and we are one stop solution for our clients for there corporate events. - Our major clients and target audience is retailers, malls, banks and corporate companies. - Currently we cater to more than 10 clients at the moment. - We also work on event to event basis for individuals as well. - There is third party agency tie-up's for events which are organised outside Gujarat. - The business growth rate is 20-30% but due to pandemic there was no growth in the past one year.