Business For Sale Launceston, Tasmania 7250
Business Category Hire Services
Tasmania's Premier Event Management Company
Tasmania's Premier Theming and Styling Event Company.
Event Avenue is perhaps the most well-known and respected Event delivery company in Tasmania. Based logistically in Launceston it provides efficient services across the State leaning towards corporate theming and styling while still servicing larger weddings, including both with stretch tents. Event Avenue provided services for the two largest corporate events ever held in Tasmania and retains that capacity. Since its inception in 2011 it has become a self contained, go to supplier for major venues across Tasmania, renowned for its ability to transform any space into something unique, customer-inspired, and generating that all-important WOW factor.
The business has a strong following on all social media platforms, particularly on Facebook & Instagram, wherein it has over 10,700 and 8,200 followers. Event Avenue has approximately $388,000 worth of equipment comprised of furniture, props, lighting, decor, audiovisual, special effects, and other assets necessary for its operations, rarely needing to outsource materials from third-party operators. As such, an incoming owner will not be required to inject additional capital to continue operating the business at its current scale, or may simply integrate this plethora of stock into an existing inventory. Event Avenue does not "dry hire" its inventory. Changing this policy would prospectively add a significant income stream.
Event Avenue is the only provider of Stretch Tents in Tasmania and has in stock every ancillary to go with its three 10x15m structures. These tents form the basis of regular high-performance income due to their unique look, properties, and ability to blend with their surroundings. Fast growth potential exists with these in-demand tents.
The business is perfect for a couple or partnership to take on the current owner's roles and grow the business beyond its $1.3M turnover peak.
A comprehensive information memorandum has been prepared for this business.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Timestamp: XXXXXXXXXX 0026
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This business is somewhat unique and has no similar competition in this region, category or price bracket.