Event Management Online Platform for sale in Bangalore
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Product / Service
Wedding planning, birthday party planning, corporate event organisation, photography, videography, tattoo, caricature, pottery, bouncing castle, photobooth, Decoration, album, fun activities, magic shows, cotton candy, popcorn etc
Clientele type
Shopping malls, offices, apartments, IT professionals, big shot customers etc
Premises
Only online presence. Operating from home
Asking Price Includes
Website, businesses registration, business plan, vendors list, training on how to run business sitting at home.
Reason
Shifting to hometown.
Other Details
The Business is established in February 2019
Till date, they have completed more than 100 events
They have more than 50 freelance vendors tie up throughout the city. You just need to pass the requirements to them they will get it done for lesser price. You get your profit.
They have the website of this event management, where they are getting 15 to 20 leads per day but they able to complete 4 or 5 events.
Remaining they pass on to Jusdial or Sulekha (where they also get paid by selling the leads)
The Business is generating Net profit of INR 1.5 to 2 lakhs per month
The owner is shifting to its home town to start the construction business, that's why they they are selling this business.
Asking Price is INR 20 lakhs (Negotiable)
₹10 to ₹200 Cr
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What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
