Well Established, Profitable and Renown Sports Event Management Business for Sale in Port Elizabeth.
Business Description:
Sports event management is typically the process of planning, organizing, and executing sporting events, from small local events to large international competitions.
A well-managed event provides a positive experience for both competitors and spectators, thereby increasing the likelihood of repeat attendance and sponsorship.
This organization is committed to delivering high calibre entertaining sporting events as well as creating high value experiences for participants and spectators alike.
This Sports management event business specializes in aquatic sporting events but has managed the events of many various both activities.
The business offers a full house service including Event Planning, Venue Management, Marketing and Promotion, Operations Management, Safety and Security and Sponsorship liaison.
Through the many years of participating in managing sporting events this business has developed unrivalled prestige and success in the field of Sports event management.
This business would suit a person who has a love for sports and event management.
The Asking Price includes the assets / equipment utilized by the business.
The new owner will also have the option to purchase the vehicle utilized by the business.
Full training and support will be provided by the Seller to the new owner.
After 20 successful years in the field of sports event management the Seller has decided to step back and offer the opportunity to the next generation of sporting enthusiast.
Profitable, Well Established and a recognized name in Sports Event management this business is a winner of note.
Financial Information
Current Annual Turnover Profit:
R3 260 659 (2023 Financials)
Operating Net Profit (EBITDA):
R489 393 (2023 Financials)
ROI%
+-32%
Assets / Equipment:
+-R200 000 (Included in the Asking price).
Owner Drawings:
+-R 40 ooo per month
Stock on Hand:
N/A (Service Based Industry)
Property
The Seller owns the premises and will offer a lease agreement to the new owner.
Monthly Rental:
+- R12 063
Vat registered:
Yes
Franchise:
Not Part of any Franchise
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
BuSiness Information
Industry
Sports Events Management Business
Asking Price
R1 500 000 (Including Assets)
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises:
The Seller owns the premises and will offer a lease agreement to the new owner.
Hours of work:
Mon to Fri: 09h00 to 16h00 (excluding event participation)
Buyer Profile:
This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint or a person / entrepreneur who is looking to enter the Sports Events Management Industry. Knowledge of the industry is recommended
Full training and support will be provided by the seller to the new owner.
Growth Potential:
This business has an already established client base; thus, expansion possibilities include the opening of additional branches in other areas, adding additional sporting events and / or adding new product lines.
Reason for selling:
New business commitments
Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.
Contact Us
call
Grant – 073 556 0065
grant@mnbrokers.co.za
visit
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070