Events company for sale in Wellingborough specializing in running and cycling since 2008
Wellingborough, Northamptonshire
- Status
FOR SALE
- Advert ID
654531
- Reference
591675 / Rightbiz
- Call Agent:
- Asking Price: £40,000
- Turnover: £110,369 (£2,122 per week)
- Profit: Not Applicable
Business Details
Sport Businesses For Sale in Wellingborough
RUNNING EVENTS COMPANY in Northamptonshire for Sale.An exciting opportunity to acquire this well established events organising business which was founded in 2008 and has been operated by our client since 2018, during which time it has developed a strong reputation in the area with a loyal customer base. The business specialises in organising a number of well known running and cycling events, working in partnership with charities and local authorities. The day to day operation of the business is undertaken by our client, working from serviced offices with storage facilities, however the business could easily be relocated if required.
Annual turnover £110,369. On event days, the business works with race timing partners who are subcontracted, together with volunteers from local sports clubs who assist in hosting the events. The business organises a diverse range of endurance events throughout the year, catering to runners, cyclists, and triathletes of all levels. Some of the key events they host include: ultra marathons, half marathons, 5k, 10k and 15 races, triathlons and a cyclosportive offering 30, 40, and 60-mile routes. This business will appeal to passionate running and cycling enthusiasts, while also presenting an excellent acquisition opportunity for established event organisers seeking to expand their portfolio, broaden their audience, and grow their customer base.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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