Brazil

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Listing Id: 13809 Last Refreshed: 29/04/2023 Total Views: 10715

Team Building Event/Management Biz For Sale

GeylangEvent Management
Asking Price: S$200K - 500K
Business For Takeover
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Overview

  • Premise Type Office Building
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Focus on other commitments

Description

Team Building/Event Management for Corporates

πŸ’½ Established in 3/4/12

πŸ’½ Shop/biz operation office :
πŸ‘‰πŸΌ monthly rental $2,900
πŸ‘‰πŸΌ no GST
πŸ‘‰πŸΌ approx. 1,600sq.ft.
πŸ‘‰πŸΌ balance lease 2 years,
1 Jan 2018 – 31 Dec 2019
πŸ‘‰πŸΌ cost of renovation $20,000
πŸ‘‰πŸΌ moved into empty space; then designed and furbished for business purpose; installed 4 new AC units
πŸ‘‰πŸΌ renovated 5 months ago

πŸ’½ Estimated yearly Turnover :$1.5M

πŸ’½ Estimated yearly
nett profit
πŸ‘‰πŸΌ past 1 year = $259,800
πŸ‘‰πŸΌ Previous 2 years = $302,000
πŸ‘‰πŸΌ Average 5 years = $291,000

πŸ’½ Director’s involvement in the biz
πŸ‘‰πŸΌ Since Jan’18 the company staff have been trained to run almost β€œauto-pilot”
πŸ‘‰πŸΌ Used to be involved in Strategy, Business Development, Team Management, meetings and facilitation of big and mostly important events

πŸ’½ Staff :
πŸ‘‰πŸΌ 11 + 1 intern
πŸ‘‰πŸΌ Local = 5+ 1 PR
πŸ‘‰πŸΌ EP = 2
πŸ‘‰πŸΌ S-Pass = 1
πŸ‘‰πŸΌ DP = 2
πŸ‘‰πŸΌ Intern = 1

πŸ’½ Operating hours :
πŸ‘‰πŸΌ 9am - 6pm (Mon-Fri)
πŸ‘‰πŸΌ Casual events on weekend

πŸ’½ Reason for selling:
Directors want to move to coaching and develop businesses and also relocate.

πŸ’½ Selling price $430,000 negotiable
Thank you & blessings
Peter Wan
Dream Centre

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