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Successful Events Business for sale in Banbury, Bicester, Woodstock & Chipping Norton
Banbury, Bicester, Woodstock & Chipping Norton, Oxfordshire
Business overview
For six years, the business has been hiring out to a range of clients a vast selection of new and traditional indoor and outdoor games.Business description
Since 2012, our business has experienced consistent growth through offering a huge range of games for various events, forging a very positive reputation amongst our clients.
With a portfolio of over 100 games and activities, the business has grown significantly throughout its existence to meet the demand for premium quality games hire. It caters for an unlimited array of events including corporate fun days, team motivation events, weddings, anniversaries and parties to name a few.
The business employs a unique business model to guarantee unbeatable value for money for the consumer and to maximise profit margins for the company. This involves a Package Plan, unique to our company, where customers choose their preferred games, add up the corresponding point values and choose the package that best suits their budget.
Currently based in Oxfordshire, the business’s administrative duties are managed by the owner from a home-based location, with a sizeable warehouse utilised for the storage of games. However, as the business is relocatable due to its online nature, the new owner could choose to move the business to a location to suit their needs. This could feasibly be anywhere within the UK as at present, the business serves a nationwide client base
Over half of our bookings are for corporate clients, around 20% are to schools and universities and the remainder are private events such as weddings and parties. We get a consistently good level of advance bookings all year round, payment is always in advance and an increasing number of past clients return to book us for their next event.
Marketing is carried out to a sizeable database encompassing 15,000 names and both Google AdWords and SEO are utilised to attract traffic to our website. We also have a very successful Facebook page with over 600 likes. However a growing number of bookings are now coming from event organisers, who act as broker in sourcing games and activities for events.
Operating through our accessible, informative website, customers can view the company’s vast selection of games and its gallery of previous events catered to. Relevant contact details and an enquiry form allow customers to request bespoke game combinations or ask any pending questions they may have.
We are widely recognised as a successful provider of games and activities for different functions. The business has profited due to its range of well-maintained games and strong customer and event organiser relations. These features have contributed to the business’s high annual turnover of around £100,000 and average net profit of circa £30,000.
Our asking price of £60,000 will include an initial range of games worth £7,500 and a fully operational long wheel based van.
Additionally, we have a further 50 games that are also for sale at an agreed valuation.
This is a perfect opportunity to take on a unique and profitable venture which faces minimal competition in the field of private games hire. It might appeal to an individual with experience in the events industry, or to someone who is just keen on acquiring a proven and profitable business.
Our company is both easily manageable and scalable under a new committed ownership.
Business location
Currently Oxfordshire, but it could be located anywhere in the U.K.
