Multi-Venue Event Space Business – $500K Revenue, 30% Adjusted Earnings

Overview
We are an event space provider in Singapore offering stylish & fully equipped venues for a wide range of occasions. We combine convenience and versatility to create memorable events for both corporate and social clients.

🔑 Business Highlights
Venues: Multiple centrally located spaces with their own unique selling points
Event Types Served: Corporate meetings, workshops, parties, team bonding, community events, and more
Track Record: Hosted over a thousand events for brands, SMEs, communities, and individuals since inception

💰 Profitability & Growth Potential
Gross Margins: Consistently around 90% excluding fixed rent expenses
Scalable Model: Additional venues can be added without significant operational complexity
Profitability: Adjusted Net Income at 30%+

Operations & Transition
- Company can be run with minimal owner involvement
- Seller willing to train & transition up to 3 months depending on terms of sale
- Processes, supplier network, customer handover included
- Guidance from Proven Expertise: Past experience since 2017 in launching new event spaces, ensuring they are designed for success with efficiency and effectiveness

Financing: Seller financing will not be considered for this acquisition.
Reason: The business is already profitable, lean, and cash-flow positive with proven systems in place, making it best suited for buyers with available capital to take over and scale immediately.

Reason for Sale
The owner is moving on to other commitments. This is a fully operational business with strong financials & margins - not suitable for casual browsers.

Disclaimer: NDA and disclosure of industry involvement are required before any business information will be shared.