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Successful Events Business For Sale In Maidstone & Surrounding

Maidstone & Surrounding, Kent

Events Businesses for sale - 2092

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Asking Price £175,000
Turnover £110,000

Business overview

Abacus manages two technology associations with guaranteed monthly incomes and five year rolling contracts - The British Measurement & Testing Association and Evaluation International.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

BMTA (the British Measurement & Testing Association) is the trade association for companies with accredited laboratories and test houses. Abacus has a £35K contract to administer all aspects of BMTA's operation and to organise a range of technical events. There is European involvement through BMTA providing the UK national membership of EUROLAB.

Evaluation International (EI) is a technology club for large scale users of instruments for measurement and control. Our role is to organise members' meetings and to set up contracts for the independent evaluation of instruments of interest. There is European involvement through sister organisations in France, The Netherlands and Germany. EI members include Rolls-Royce, BAE Systems, BP, EDF Energy, Sellafield Ltd and Severn Trent Water. The EI contract is worth £75K per year to Abacus.

Abacus employs two staff. The two contracts are both of a rolling five year nature thus offering a considerable amount of security. As part of the sale price, I would be willing to offer one day per week of consultancy for one year to help the new owner settle in.

Peter Russell. Please call 01732 897451 for further discussion.

Business location

East Malling, Kent

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