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Event Management - Colour Frenzy - Work from Home

$225,000 + SAV

  • ID Ref EV-001
  • Suburb Brisbane
  • State QLD
  • Status For Sale
  • Event Management - Colour Frenzy - Work from Home

Business Description

Colour Frenzy is an Event Management business currently running 5k Colour Frenzy events (fun runs) at 16 locations throughout Australia with 4 new locations coming onboard in 2020. Almost 27,000 event tickets were sold across the 16 locations in 2019 and sales are expected to grow substantially with the 4 new locations in 2020.

The business is currently run from the owner's home with all equipment kept is a storage shed between events. There are no staff required to run the business other than the current owner plus his spouse on a part-time basis. Events are primarily staffed by charity partners (and the owner) at the various locations across Australia through a sponsorship arrangement.

Colour Frenzy was started from scratch 3 years ago by the current owner and has seen exponential growth year on year since inception. Total sales in FY2019 were approximately $300,000 and sales in FY2020 are likely to exceed $500,000 including both ticket and merchandise sales.

The ideal buyer for this business would be an existing event management business looking to expand or a highly organised individual seeking a home-based business with very low overheads.

The business is extremely well organised with written policies and procedures for all aspects of the business including event volunteer safety inductions, run sheets for events, marketing & sponsorship plans and strategic plans for future growth.

The current owner is happy to stay on for a period of time to enable a smooth transition of ownership. His future plans include long term overseas travel with his partner, hence the motivation to sell this thriving business. At the current asking price this business is offering a ROI to a new working owner of approximately 66%.

Please do not contact the business directly – all inquiries should be directed to the marketing business broker. For more information please contact the marketing agent Paul Price on 0477 971 716 or email paul.p@businessbrokersnetwork.com.au

Business Features / Snapshot

Your Business Broker

Paul Price

Business Location

Brisbane, Queensland 4001