VEX REF: VEX00864
ACTIVITIES: International Conference Business
TURNOVER: circa €300,000 p.a.
NET PROFIT: circa €110,000 p.a.
Vexus is exclusively retained to find a buyer for this specialist International conference business. With 11 successfully completed conferences within a highly defined and niche business area, our client is considered the market leader and principle conference organiser for this key international sector.
Technology Related Conference
Over 150 delegates predominantly representing the buying sector from around the world are expected to attend the next event, as well as 15 exhibitors and over 70 speakers. Currently the event combines 2 different Conferences in the same week totalling 5 days of conference and 2 Training courses. This could be organised in 2 separate events and bi- annually in different regions throughout the world. Training courses were successfully deployed separately adding new stream revenues. There are many opportunities for “spin off” conference titles within the same technical domain. This conference continues year on year to build on its own reputation thanks to its unique format thus opening new opportunities for additional revenue.
Within the business is a highly experienced and regarded team who assist the vendor in the day to day running of the business. The vendor is in the process of removing themselves from the day to day running of the business. The vendor is happy to facilitate a mutually agreeable handover period.
Reason for Sale
Our client has built a solid business which is highly scalable and ready for the next phase of business growth. They believe the business would benefit from becoming part of a larger organization with the expertise and resources to take the opportunity to the next level and drive business growth.
Ideally, we seek an acquirer with the requisite experience and resources to leverage the reputation of the brand as well as the uniqueness of the topic area. Consideration will be given to other buyers with strong market or client synergies looking for a scalable ’bolt-on’ business opportunity. We believe this could be ideally suited to an existing Conference Organiser, Publishing Company, Industry Association, Consultancy Business or a Manufacturer working in the clean energy field.
- Fully Proven, Successful Business Model
- Profitable Business with Recurring Revenues
- Market Leading Goodwill & Reputation
- Established Brand & Reputation
- Scalable Business
- Highly Experienced & Regarded Staff
This is a rare and low risk opportunity to acquire an established and profitable International conference business. 100% of the business shares are available to a suitable buyer with the resources, experience and energy to drive this business forward to the next level.
Offers are invited for 100% of the shares in this business
The Next Steps
On completion of our non-disclosure agreement, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.