Established 2 years ago, this events management company specializes in planning and executing a wide range of events, from corporate gatherings to private celebrations. With a reputation for creativity and attention to detail, they offer comprehensive event management services, including venue selection, catering, decor, and entertainment coordination. The company is known for creating unforgettable experiences customized to meet each client's specific preferences and goals, ensuring flawless execution and client satisfaction. Operating with a hybrid staff structure, they effectively manage their workforce, combining in-house and outsourced personnel. For major events like weddings, they scale up with up to 50 additional staff members. Currently, they have 10 upcoming events averaging 75,000. During the off-season, they handle 3-4 projects per month, increasing to around 15 projects monthly during peak seasons. They cater to various clients, including insurance companies, healthcare providers, logistics firms (like DSV), government entities (such as RAK Government) and FMCG companies. Their focus spans corporate events such as exhibitions, annual galas, team building activities, meet and greets, and luxury/high-net-worth individual weddings. Equipped with a full AV setup and a comprehensive database of entertainers, they maintain competitive rates and strong relationships with hotels and venues.
BUSINESS DETAILS:
Location: Dubai
Annual Revenue: 2,000,000AED
Monthly Cost: 17,000-20,000 AED
Assets Value:2,000,000 AED
Clientele: Government, Logistics, Healthcare, & Corporate Companies
Upcoming Events: 10 projects
Number of Project: over 3-5 project a month
Number of Staff: 4/ approximately 50 outsourced staff members for huge events.
Selling Price: 3,000,000 AED
SERVICES & ASSETS
• Event Planning
• Theme Development
• Venue Selection and Styling
• Decor and Design
• Event Coordination
• Catering Arrangements
• Managing timelines, schedules, and event logistics.
• On-site Event Management
• Client Database
• Website and Social Media Accounts
• Event Equipment and Supplies
• Intellectual Property
• Vendor and Supplier Relationships
• Brand Reputation
• Major Clients
• Huge Storage/ Warehouse
What makes buying an existing business a better choice?
• Established Reputation
• Proven Track Record
• Operational Infrastructure
• Immediate Revenue Generation
• Market Presence
• Talent and Expertise
Overall, buying an existing events management business can offer a quicker path to profitability, immediate access to a reputable brand, loyal clients, experienced staff, proven success, infrastructure, market insights, brand equity, and growth potential. Lastly, reduced startup risks and access to established resources and market presence.
For further details plaese don't hesitate to contact us!