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Proprietary software developer with an event management platform available for sale

Undisclosed

CONFIDENTIAL

  • Asking Price: Price on Application
  • Turnover: £680,000 (£13,077 per week)
  • Profit: £173,000

Business Details

Proprietary Software developer – Operating Remotely

The company provides a proprietary, in-house developed software platform designed for event and venue management.
The solution centralises key sales, operational, and financial processes, supporting event management from initial booking through delivery and invoicing. The platform also integrates with third-party systems and provides functionality suitable for both individual venues and multi-site operators.
Our clients are offering the business for sale to facilitate retirement plans. Offers invited.
Generated a turnover of £679k in YE26, with an adjusted EBITDA of £173k.
YE27 projections indicate a turnover of £810k.
Strong sales pipeline comprising £214k of identified larger opportunities, plus approximately £100k of smaller prospective opportunities over the next 12 months.
Cultivated a diverse client base of 135 clients across the events, hospitality, sports, and education sectors.
High levels of recurring income, with approximately 90% of revenue generated through contracts and all clients providing repeat business.
Strong client retention, with 40% of recurring revenue generated by clients of more than five years and annual churn remaining below 5% for the past five years.
Long-standing client relationships of up to 12 years, alongside several significant new client onboardings over the last 24 months.
Established international footprint across Ireland, Germany, and South Africa.
Assembled an experienced team with capacity for further growth, with the technical director capable of assuming greater responsibility.

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Stay Safe

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.

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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.'.

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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.

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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.

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The data showed regarding this advert 'Proprietary Software developer – Operating Remotely - 510985 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.